Tuesday, September 25, 2012

So the spider said to
the fly, allow me into your parlour, you are in great danger, and only I can
save you. The fly opened the door --
Capt Ajit Vadakayil.

This post of for
students of Economics.

Next time your
professor teaches you something in college which you do NOT agree with or sound like bull to you , speak
up. 99.99% of the time the teacher will NOT be able to explain , as he himself
is a brainwashed zombie, belonging to the group who is trained to holler
"4 legs good 2 legs better"

First of all imagine
that you are a group of boy scouts. TERRAIN MUST PREVAIL OVER THE MAP, ALWAYS.

The science of
economics is gone once you get past the supply and demand curve. Most
everything after that is ideological, and therefore not science.

Economists routinely
predict when the market needs a correction, and they do. Most of the time it is like filling up ballast
on the wrong side of the ship causing it to capsize.

Yes, such a correction can cause a usual list
of the ship . But It does the reverse
for an “ANGLE OF LOLL “ .

Perception is
requires to find out of the GM ( metacentric height ) is positive or negative. Metacentric
height is the distance between the centre of gravity of a ship and its metacenter..
Metacentre is determined by the ratio between the inertia resistance of the
boat and the volume of the ship.

There is a DOMINO EFFECT
factor—which causes market crashes and FALSE booms .

Punch into Google
search-

DOMINO EFFECT IN CHANGE
MANAGEMENT VADAKAYIL

Economists routinely
predict when the market needs a correction, and they do. The problem is that
there is a lot of "pseudoscience" in economics where observations and
statistics are manipulated to support conclusions or theories based on
political agendas, and the FAKE reputation of the economist , which muddies the
waters in finding what is accurate and what is not.

Economics is an empirical pseudo science where the reverse happens, more often than not.

Bullsh#t phrases like "rising
tide" and "trickle down" effect and percentages which economists
mouth on TV , sometimes even to impress a good looking TV anchor is NOT even
real. Neoclassical Economics, has zilch
predictive power.

Axiomatic systems ( proof
) are not bounded by correspondence with reality, and theoretic systems (truth
) are not bounded by our understanding of causes. Mathematics can describe all of the universe,
the universe cannot describe all of mathematics. Axiomatic systems are not bounded by correspondence
with reality, while theoretic systems are bounded by correspondence with
reality.

The father of Economics
is a Scotsman Adam Smith.

So who is or rather who
was Adam Smith.

He was the "one
man think tank" to the owner of British East India Company. Rather he was the adviser to Robert Clive,
the henchman of Rothschild.. Much later
he would advise Rothschild on how to set up his banking cartel and set up a
blue print on how to control the world.

Rothschild's agents in
India for the Opium trade were the filthy rich Parsis in Mumbai, and Birla, JK
and party in Calcutta. Sasoon who belonged to Rothschild bloodline, who
operated from Bombay, kept a hawk's eye.

The agents for the
black slave trade in USA was JP Morgan.

In 1834, Rothschild
prevailed upon Sir John Gladstone to replace African black slaves with Indian
Indentured labour. Never in the history
of mankind has there been a saga of such greed and injustice-- where more than
1.3 million innocent Indians were duped whole sale , given a life sentence ,
dumped in far flung corners of the planet and forgotten for ever.

Christian
Missionaries were used deep in forests to lure tribals. 530000 Indians went to
Guyana alone, while Mauritius had 350000 , Malaya 250000 and Trinidad had
150000 coolies.

And today we have Sonia
Gandhi and Manmohan Singh have given the same Rothschild , a toe hold -- nay--
a drivers's seat , by allowing FDI in multi-brand retail, FDI in insurance etc.

On the Dec 20, 2004
letter, the FAM’s foreign trade committee chairman Chandrakant T. Shanghvi said
that Manmohan Singh had categorically told a delegation of the traders’ body
that “we should not permit FDI in retail trade… India does not require the kind
of reforms which would, rather than creating employment, destroy employment”. So all this is the idea of W right ?-- and Manmohan Paaji is scared of her ?

By the way our own PM
Manmohan Singh worked for a R0thschild financial concern before he became
India's Finance Minister, as a part of re-orientation. He was the Secretary General of the South
Commission, an independent economic policy think tank headquartered in
Rothschild banking cartel’s home turf
Geneva, Switzerland from 1987 to 1990.

Our poor PM
Chandrasekhar was reduced to selling our Gold in 1991, and World Bank and IMF would
NOT give a loan unless Manmohan Paaji was made Finance Minister. And later
Italian Queen Bee Sonia would NOT have anyone else except "unelected"
Manmohan Paaji as PM-- going against the Indian Constitution for a democracy.

Rothschild man Manmohan
Singh was made the Finance Minister of India or IMF would NOT give a loan to India.
Rothschild had done the same with SIR
Chintaman Dwarakanath Deshmukh ( won Magsaysay award twice ) who was knighted in
1944 just because he had a Jew British wife. Rothschild would NOT give India a
loan to procure wheat from USA unless our SIR was made Finance Minister of
India.

Why not a Jew wife ? Chintamani Deshmukh bhaiyya was himself was a
Bene Israel Jew whose ancestor was lifted from Kerala and dumped off the coast
of Konkan, from a Rothschild owned British East India company ship.. ( later a lot of Bene Israel Jews opted to
induct themselves into Chandraseniya
Kayastha Prabhu clan so that they could eat beef... saamp bhi mare laathi bhi
na toote.) .

Rothschild used Edwina
to arm twist Nehru and install him as the Finance Minister in the Union Cabinet
(1950–1956).

SIR Chintaman Dwarakanath
Deshmukh attended the Breton Woods Conference to create IMF on invitation of
R0thschild in July1944 . ) Rothschild liked him, and he was a member of the
Board of Governors of both of IMF for the next ten years

R0thschilds controls the US Federal reserve,
all the Central banks of all the countries of the world --except Libya, Syria,
Iran, North Korea and Cuba. Libya has been taken out. The next in the pecking
order is Syria--then Iran.

R0thschild also
controls the IMF and World Bank. So, how does the IMF and the World Bank work?

They put a country in
debt, in such a big debt it can`t pay it, and then they will offer to refinance
that debt, and pay you even more interest, and you demand this quid pro quo
which you call a “conditionality” or “good Paaji governance”. Their bouncers – nay- watch dogs are S&P,
Fitch, Moody’s etc.

This process of
manipulation by the corporato-cracy through the use of debt, bribery and,
political overthrow is called “Globalization”.
Just as the federal reserve keeps the American public in a position of
indentured servitude through perpetual debt, inflation and interest, the World
Bank and IMF serve this role on a global scale.

The basic scam is
simple. Put a country in debt either by
its own indiscretion or through corrupting the leader of that country, then ,
impose conditionalities, or Structural Adjustment Policies…often consisting of
currency devaluation, privatization of state-owned enterprises trade liberalization..
Or the opening up of the economy through removing any restrictions on FDI in
multibrand retail or Insurance sector or foreign trade. The rating agencies
will give low growth bull percentages.

This allows for a
number of abusive economic manifestations… such as Jewish Walmart and Monsanto
type transnational corporations bringing in their own mass produced products,
undercutting the indigenous production and ruining local economies… Today,
countless farmers are out of work, for they are unable to compete with the
large corporations.

Another variation is
the creation of numerous, seemingly unnoticed, unregulated, inhumane sweatshop
factories, which take advantage of the imposed economic hardship.

The world is being
taken over by a handful of business powers as per the blue print of Adam Smith
, who dominate the natural resources we need to live, while controlling the
money that we need to obtain these resources.

Adam Smith? Who the hell is Adam Smith?

Economic students need
NO introduction. He is the father of Economics.

We Indians need to know
more about Adam Smith.

The British soldier in
India thought that he was fighting for queen and country. Actually simple John
Bull shed his blood for a German Jew.
R0thschild had their own Hessian merceneray army, highly paid, who spoke
no English. Whenever secrecy ,deceit and covert operations were involved ,
without even the British Parliament and Queen knowing about it , R0thschild
used his hessian Regiment . The spoils went into his underground cellar.

Opium traders
R0thschild took over India officially vide the Battle of Plassey in 1757 , and
stopped all pretense of being traders,
by amazing deceit which sprung from the warped brains of Adam Smith

First of all the
trigger of the Black hole of Calcutta was cooked up . It was tom tommed by
British East India Company that Nawab Siraj Ud Daula locked up 146 Britishers
in a small dark ill ventilated room, out of which 123 died. The truth is only
58 people were in the room , out of which 19 died..

Adam Smith used his
deception model to end the Mughal Empire in India. There was supposed to be a
great heroic Battle of Plassey in 1757, for the British East India Company
under Robert Clive to take over India. The excuse was the incident called the
Black hole of Calcutta. The R0thschild held media made a mountain out of the
molehill. Even today the world media and
Hollywood is controlled by Rothschild cartel. The Indian news on Indian TV is
Rothschild spun.

The Battle of Plassey
itself is a huge lie. It never took
place. History was fudged. It is so easy when you control the peer reviewed
media and publishing houses. This is why you get the truth on Internet.

Early in 1756, Siraj Ud
Daulah had succeeded his grandfather Alivardi Khan as Nawab of Bengal. Siraj Ud
Daula was killed before even a single shot was fired by his brother-in-law and
army Commander Mir Jaffar, who was bribed by Rothschild employee Robert Clive.

Mir Jaffar was made a
stooge Nawab and in return he gave a lot of Siraj Ud Daula's gold and diamonds
for Robert Clive to take home personally in great secrecy. Clive wanted to
squeeze him more and when unable to milk him further, shoved off Mir Jaffar and
put his rival Mir Qasim as the Satrap.

Adam Smith ( born 5
June 1723 – died 17 July 1790) took ten years to write his economics gospel by
way of a book “The Wealth of Nations “ , publishing it in 1776. . He never married, and he used to walk like a
CHAKKA. He was delusional too, sometimes in a morbid manner.

He is also said to have
put bread and butter into a teapot, drunk the concoction, upped his ante and
made a hue and cry over the quality of tea . Another time our man Adam Smith
without as much as a “by your leave” went
out sleep walking in his nightgown in broad daylight and ended up 24 km outside
of town, before nearby church bells brought him back to reality.

His house used to look
like a garbage dump as he hoarded everything.

Much later in 1799,
R0thschild would murder Tipu Sultan , and then make a huge pretense of a great
war. By now Adam Smith was dead and gone. But the blue print was his alone.

The door of Tipu’s fort
were opened by Mir Sadeeq on 4th May 1799. . All Tipu Sultan loyalists soldiers
were sent away to stand in queue for wage distribution. Tipu Sultan was having
his food, when he was killed by a single shot from close quarters on his left
cheek. He was also stabbed three times on his chest and later dumped outside on
the field among the dead at dusk .

Mir Sadiq and his
assistant Mir Moinuddin , who were bribed by R0thschild man Lord Wellesely,
were both murdered by the British and made it appear as if they were killed by
Tipu Sultan loyalists. So the British
made ousted King Wodeyar, rotting in Tipu's prison , the new king of Mysore.

R0thschild is like
Phantom, The Ghost who walks. When one Phantom dies the son takes over the
empire.

R0thschild took away Tipu Sultan's gold worth Trillions,
in 3 ships which were waiting for months to carry it away. This is the base
banking capital of Nathan Rothschild. This gold was stolen from the Kerala
temples by Tipu Sultan ,the fruit of 6 millenniums of spice trade. I am from
Kerala.

In a minor south Kerala Sri Padmanabhaswamy temple 25 billion US
dollars worth gold was unearthed in July 2011. The main vaults are yet to be
opened due to security issues and a judicial order. Tipu Sultan was left alone
by Rothschild till be made a huge pile of gold by plundering the temples of
Kerala, using his half Arab half Malayali Muslim spies.

Much later Winston
Churchill , whose mother Jenny Jerome was Rothschild, would use the Adam Smith
model to start both World Wars, to carve out the state of Israel. He used used
Lusitania ( sister ship of Titanic ) to drag America into the war in WW1 and
Pearl Harbour in WW2. Today Rothschilds owns most of Israel

Getting back to the
father of Economics-- Adam Smith had OCD or obsessive compulsive disorder.
Hoarding is an effort to manage the anxiety raised by obsessive doubts. There will be
a disruption to feelings of self-worth, interpersonal relationships,
occupation, or health as a result of hoarding items which are worthless.. A
hoarder will have an imaginary emotional connection to all such garbage. People
with personality disorders , generally, blame others for their problems. They
are awful to work with because they don’t accept responsibility for themselves
and therefore never change.

When such people write
the gospel of economics, " The Weath Of Nations" you know what you
will get. Much later Milton Friedman
effectively took many of the basic principles set forth by Adam Smith and the
classical economists and modernized them.
This is the reason why economists fall into the same hole again and again
and again.

The not so experienced
economist starts thinking aloud : "Listen, we both have the same amount of
money we had before, but we both ate shit. I don't see us being better
off."

Experienced economist:
"Well, that's true, but you overlooked the fact that we've been just
involved in $40,000 of fucking trade."

Take a break -- come
back and try and understand what I say.
I am a perceptive ship Captain. I really don't care for mother hen's
opinion as to how good the omelette on my breakfast plate is.

Now let me digress and
give you an brief introduction to the great American Depression of 1924. This
is one of the holes I talked about before when all economists fell face down .

The international
bankers mentored by Rothschild installed a Central Bank in 1913…The Federal
Reserve. And as long as this institution exists, perpetual debt is guaranteed.

Unfortunately,
economics is often viewed with confusion and boredom. Endless streams of
financial jargon coupled with intimidating empirical mathematics quickly baffle
and deter people from attempts at understanding it. However, the fact is, the
complexity associated with the financial system is a mere mask, designed to
conceal one of the most socially paralyzing structures humanity has ever
endured.

Every single dollar in
your wallet is owed to somebody by somebody; for remember, the only way the
money can come into existence is from loans. Therefore, if everyone in the
country were able to pay off all debts, including the government, there would
not be one dollar in circulation. If there were no debts in Adam Smith modeled
US money system, there wouldn`t be any money.

Now, so far we have
discussed the reality that money is created out of debt, through loans. These
loans are based on a bank’s “Reserves” and Reserves are derived from deposits.
Through this fractional reserve system, any one deposit can create 9 times its
original value, in turn debasing the existing money supply, raising prices in
society. And since all this money is created out of debt and circulated
randomly through commerce, people become detached from their original debt and
a disequilibrium exists where people are forced to compete for labor, in order
to pull enough money out of the money supply to cover their costs of living.

As dysfunctional and
backwards as all of this might seem… there is still one thing we have omitted
from this equation… and it is this element of the structure which reveals the
truly fraudulent nature of the system itself.

-The application of Interest.

When the government
borrows money from the Fed or when person borrows money from a bank, it almost
always has to be paid back with accrued interest. In other words, almost every
single dollar that exists must be eventually returned to a bank, with interest
paid as well. But, if all money is borrowed from the central bank and is
expanded by the commercial banks through loans, only what would be referred to
as the ‘principle’ is being created in the money supply…. So then, where is the
money to cover all of the interest that is charged?

Nowhere. It doesn’t
exist. The ramifications of this are staggering, for the amount of money owed
back to the banks will always exceed the amount of money that is available in
circulation. This is why Inflation is a constant in the economy, for new money
is always needed to help cover the perpetual deficit built into the system,
caused by the the need to pay the interest.

There are two ways to conquer and enslave a
nation. One is by the sword. The other is by debt.-John Adams-1735-1826).

OOPS I went of tangent
--let me get back to the Great American Depression of 1924.

The nineteen twenties
was a period of great prosperity in the United States.

The financial jackals
decided that it is the right time to pull the rug from the feet of the
gullible.

Schemes were laid down
where by paying a small amount , you could buy almost anything , provided you
give a monthly recurring payment--or in short put the common man in the vice of
debt.

The gullible common
Yank had NO dang idea , of the dangers of debt and high interest rates -- and kept shopping merrily.

Advertising became part
of the fabric of American culture as ads dominated newspapers and
magazines--about huge discounts and hassle free loans.

Keeping up with the
Joneses , social snobbery and false studies convinced consumers to buy more.

With massive corporate
growth, high employment and a post-war bull-market on Wall Street, first time
American investors went on a stock-market buying spree.

Everyone wanted a piece
of this cake.

People bought stock on
margin or credit for as little as 10% down. They then used the stock as
collateral to borrow more money to buy more stock. Then they did it again. The
market was a free-for-all. It was prosperity heaven.

Although everything
looked rosy, it was a castle made of sand and the great American party ended on
October 29th 1929 when the stock market crashed and caught everyone off guard.

In April of 1929, Paul
Warburg, the father of the Fed, sent out a secret advisory warning his friends
that a collapse and nationwide depression was certain, then in August of 1929
the Fed began to tighten money.

John D. Rockefeller, J.P.
Morgan, Bernard Beruch and all the Free Masons ( read as the old Opium running
partners of Rothschild family) got out of the stock market just before the
crash and put all their assets in cash or gold.

On October 24th, 1929,
the big NY bankers called in their 24-hour broker call loans. This meant that
both stockbrokers and customers had to dump their stocks on the market to cover
their loans, no matter what price they had to sell them for. As a result, the
market tumbled and that day was known as "Black Thursday".

Curtis Dall, a broker
for Lehman brothers, was on the floor of the NY stock exchange the day of the
crash. In his 1970 book, "FDR: my
exploited father in law", he explained that the crash was triggered by the
planned sudden shortage of call money in the NY money market.

Within a few weeks, $3
billion vanished into thin air. Within a year, $40 billion vanished.

But did it really
disappear?

Or was it simply netted
by the financial jackals?

And what did the Fed
do? Instead of moving to help the economy out, by quickly lowering interest
rates to stimulate the economy, the Fed continued to brutally contract the
money supply further, deepening the depression.

Between 1929 and 1933,
the Fed reduced the money supply by an additional 33%. The Federal reserve
engineered the great Depression.

But the money lost by
the common Yank during the depression, didn't just vanish. It was lined the
nests of the jackals who had gotten out just before the crash and had purchased
gold, which is always a safe place to put your money just before a depression.

Following the crash the
great depression put 1/3 of the US workforce out of work.

The banks foreclosed on
property and took possession of peoples' homes and farms. When panicked
citizens lined-up at banks to withdraw their hard earned savings, the banks
gave them only 10c on the dollar.

Homeless and desperate,
many Americans set up tent cities and roamed the rails looking for work.

Congressman Louis McFadden, chairman of the
House Banking Committee, claimed the crash was planned by the international
bankers who sought to become rulers of us all. In his famous 1932 Congressional
address he said "Mr. Chairman, we have in this country one of the most
corrupt institutions the world has ever known. I refer to the Federal Reserve
Board and the Federal Reserve banks. The Federal Reserve Board has cheated the
people of the United States out of enough money to pay the national debt 3
times over. This evil institution has impoverished and ruined the people of the
United States through the defects of the law in which it operates and through
the corrupt practices of the moneyed vultures who control it.

The common Yank thinks
the Federal Reserve Banks are government institutions. They are not government
institutions; they are private credit monopolies which prey upon the people of
the United States for the benefit of themselves.

Following a series of
death threats, McFadden was finally poisoned and done in by the jackals.

Murder-- yes-- you are
dealing with ex-drug runners and slave traders, right?

Economics has done a
poor job of understanding the economy,
as demonstrated by the failure of metrics, statistical collection of data , academic monitoring . Not a single Economical
Science expert out of millions could predict the 2008 recession, despite indications
to the contrary. Economics fails because it can only understand the economy in
abstract terms, and so it is seen clearly.
Economics appears to primarily study large corporations and small
businesses with the catchall term of “firms.”

I can see that you are
pretty depressed by now--let me tell you another joke, while you have your
coffee. For what follows after the joke
will be pretty depressing and you will get terribly angry at the WAYS OF THE
PIED PIPER.

An American banker
needs to go for a crap , and so he stops at the best motel in town in Oklahoma .

He tells the motel
owner at the reception that he needs to stay overnight, but he has to check out
the best room first, and only if it suits his standards, only then , he will
stay overnight.

The owner agrees, takes
100 dollars from him as a refundable deposit, and the traveller goes up to
check out his room.

Meanwhile the motel
owner races to the town’s resident whore and returns the 100 dollars he owes
her. The whore rushes to the tailor and return 100 dollars she owes him. The
tailor rushes to the butcher, the butcher rushes to the tavern owner etc
etc—this 100 dollar changes hands several times , before the 100 dollar bill
comes back to the motel owner via the local blacksmith who had used the motel
several times.

The traveller meanwhile
declares that the motel room is below his standards, ( but he used the toilet
for a nice crap quietly ) collects his 100 dollars back from the motel owner ,
gets into his car and drives away. Now—

Every body has
benefitted—the traveller had his free crap at leisure, the entire town have
repayed their debts in a MERRY GO ROUND WAY , and is looking forwards to a
better future with renewed confidence.

This is how the
American system works.

Since 99% of my readers
are NOT economists , I must give them a brief run down of what this pseudo
science is all about.

Adam Smith (1776)
defined what was then called political economy as "an inquiry into the
nature and causes of the wealth of nations".

Economics is a study of
man in the ordinary business of life. It enquires how he gets his income and
how he uses it. It is a science which
studies human behaviour as a relationship between ends and ze scarce means .

Economics is the social
science that analyzes the production, distribution, and consumption of goods
and services. Positive economics
(describing "what is"), normative economics (advocating "what
ought to be") , Mainstream economics (more "orthodox" and
dealing with the "rationality-individualism-equilibrium nexus") and
Heterodox economics (more "radical" and dealing with the
"institutions-history-social structure nexus.

Economists use gross
domestic product (GDP) to keep track of how an economy is doing, which is a
flawed way. GDP measures the value of all final goods and services produced in
an economy in a given period of time, usually a quarter or a year. So a recession occurs when GDP is
decreasing. A boom occurs when GDP is
increasing.

The assessment of
economic growth based on Gross Domestic Product is a fallacy, because GDP is
merely a measure of the amount of money in an economy. The one thing it does
not measure, which is central to economic progress (note progress, not growth),
is the level of entrepreneurial activity in a country like India. Don’t believe me , just take a flight to
Coimbatore or Ludhiana . This has important implications for the efficacy of
government interventions and solutions to the current economic crisis.

On a ship I judge an
officer by his future potential. NOT by what he did in the past. At sea we look
ahead and we do NOT look too much into the rear.

GDP is basically the
sum total of recorded business activity at the consumption level plus
government spending expressed in money terms.
If the government spends more, GDP rises; give more money to consumers,
GDP rises; give more bank credit to consumers or business, GDP rises. Cut government spending, GDP falls. This is
not contentious and has nothing to do with economic progress. Importantly, it excludes future entrepreneurial
activity, except to the extent that an entrepreneur has actually spent some
money putting his future plans into action. The obsession with GDP means that
entrepreneurial activity, which is Adam Smith’s unseen hand that guides our
future, is invisible to economic planners.

Misleading statistics
such as GDP are leading all governments into bad policy decisions, and their
choice has narrowed down to either ever-greater reflationary attempts to pump
up GDP, or alternatively facing a collapse in the GDP number as bank credit
contracts.. The twin errors of misunderstanding GDP are the failure to see that
monetary inflation is concealing a deepening economic depression, and it encourages policies that destroy
entrepreneurial activity, or economic progress itself. This is a deadly combination, the equivalent
of being in a hole and continuing to dig.

We cannot expect
politicians to stop digging deeper and faster when their economic advisers are
calling for more shovels. All politicians are fully committed to the fallacies
that result from confusing GDP with economic progress. They pursue economic
policies that are the equivalent of eating their own children.

Microeconomics is
generally the study of individuals and business decisions, while macroeconomics looks at higher up
country and government decisions.

Microeconomics focuses
on supply and demand and other forces that determine the price levels seen in
the economy. It examines the behavior of
basic elements in the economy, including individual agents (such as households
and firms or as buyers and sellers) and markets, and their interactions.

Macroeconomics does not
adhere to a valid scientific method and supporting evidence cannot be
sufficiently provided as there are so many factors which are totally ignored.
Most theories lack any plausibility This is the field of economics that studies
the behavior of the economy as a whole , entire industries and economies. This
looks at economy-wide phenomena, such as Gross National Product (GDP) and how
it is affected by changes in unemployment, national income, rate of growth, and
price levels.

Macroeconomics would
look at how an increase/decrease in net exports would affect a nation's capital
account or how GDP would be affected by unemployment rate. Macroeconomics
analyzes the entire economy and issues affecting it, including unemployment,
inflation, economic growth, and monetary and fiscal policy. It examines the economy as a whole to explain
broad aggregates and their interactions "top down", that is, using a
simplified form of general-equilibrium theory.

Such aggregates include
national income and output, the unemployment rate, and price inflation and
subaggregates like total consumption and investment spending and their
components. It also studies effects of monetary policy and fiscal policy.
Macroeconomic analysis also considers factors affecting the long-term level and
growth of national income. Such factors include capital accumulation,
technological change and labor force growth.

The microeconomics upon
which modern macro has now been founded is indeed bull but if we do the micro right, then we can
come up with non-bull macro. When the computer takes in Micro crap, the
output Macro crap will still be crap.. Maybe we can come up with slightly
better macro than what we’ve got now, but the underlying micro is never gonna
to be right. Economics is haunted by more fallacies than any other study known
to man. Probably Economics must be taught about culture and human behavior,
there can be no generalisation here.

The bottom line is that
microeconomics takes a bottoms-up approach to analyzing the economy while
macroeconomics takes a top-down approach.
We must shove in food through the right orifice and excrete it from the
right orifice.

Modern economics has
degenerated into a vulgar pseudo-science.
Economists could no more explain periodic trade depressions than to
predict them.

Economics is so fundamentally disconnected from
the real world we live in , it is downright destructive.

Economics is a pseudo-science and economists
are its alchemists. The rating agencies
are just the mob muscle for the financial companies. In case a Rothschild bank
needs to squeeze the ba##s of a
"client" just get the “pet
dog” rating agency to threaten to downgrade a little bit. We live in the age of
the economic engineer, where everything means nothing and nothing means
everything. Pick a number, any number,
and do what you like to it.

Wrong-headed economics was
the cause of the financial crisis. It has brought us a mountain of debt. It has encouraged us to waste the world’s
resources without much thought for the consequences. It is behind the rise in individualism and
the weakening of many democratic principles.
It has warped our ideas of charity, social responsibility and progress.

We need to ditch many
modern economic ideas. Notions about the free market, competition, regulation
and trade need to be reconsidered. We need a different measure of progress. We
need to put ourselves, our societies, back at the core of what we want to
achieve. Modern economics has fallen short. It has widened the gap between rich
and poor.

It has not allocated
the world's resources fairly. It has brought the West to the brink of financial
ruin. It has placed short-term gain before long-term progress. And it has made
us focus on the individual, not the society. The end result is a worldwide
financial crisis of epic proportions and a planet being scraped clean of the
resources needed by future generations, and things are only getting worse.

The authorities could
no longer calculate the risks and started relying on the risk management
methods of the greedy banks themselves-- or to be more precise highly paid
bakers covering their own asses.

A pseudoscience is presented as scientific, , it lacks
supporting evidence and cannot be
reliably tested. Due to the sheer scale and complexity of national, regional
and global economies, no macroeconomic theories can be reliably tested. The
economy is so complex that macroeconomists massively simplify it in order to
try and make some data fit their theories. Economic models are almost totally
useless, as there are trillions of factors which affect the economy constantly.
This is like calculating the Shear forces and bending moments of a complex ship
meant to ply stormy oceans , using a rectangular barge in still harbor waters.

Economics contain quite
complicated Calculus and Math equations that just happens to have little or
nothing to do with what it's supposed to prove. To suggest economies were not
generally efficient would be heresy in
many classes. You see Amatya Sen’s wife Emma is now glorifying Adam Smith.
After all he was a servant of her family.

Indian Nobel prize
winner , Amartya Sen's third wife is Emma Rothschild, who is the direct blood
sister of Amschel Mayor James Rothschild.

Bengalis who were NOT
playing ball and resisting Opium cultivation in their fertile fields were
forbidden to plant rice. This was on Adam Smith’s advise to Warren hastings.

In
1769, there was a great famine deliberately introduced and sustained killing more than 10.2 million ( 102 lakh ) Bengalis.

“Famine has never risen
from any other cause but the violence of government attempting by improper
means, to remedy the inconvenience of dearth.” – Adam Smith

Much later in 1943,
R0thschild stooge Winston Churchill would deliberately starve 5.4 million
Bengalis as vicious retribution to the decision of Subhash Chandra Bose to form
INA and jump boats in mid-river from the British side to the Jap side.

In 1943 Winston
Churchill ( whose mother Jennie is Rothschild ) deliberately starved and murdered 5.2 million Bengalis , as vicious retribution to Bengali Netaji
Subhash Chandra Bose forming INA , who jumped boats in mid-river from the Brit
boat to the Jap boat. Now Indian would
fight Indian.

A Nobel prize was arranged for Am#rtya Sen by his R0thschild wife
Emma. He now had to white wash Churchill’s genocide using Economic jargon and bull.

This is how he did..

QUOTE-- But Smith's
defense of private trade only took the form of disputing the belief that
stopping trade in food would reduce the burden of hunger. That does not deny in
any way the need for state action to supplement the operations of the market by
creating jobs and incomes (e.g., through work programs). If unemployment were
to increase sharply thanks to bad economic circumstances or bad public policy,
the market would not, on its own, recreate the incomes of those who have lost
their jobs. The new unemployed, Smith wrote, "would either starve, or be
driven to seek a subsistence either by begging, or by the perpetration perhaps
of the greatest enormities," and "want, famine, and mortality would
immediately prevail...." UNQUOTE-- BLAH BLAH BLAH—

By all this jargon,he
meant to say in plain language—

1) There was adequate
food in Bengal at the time of the great famine in 1943.

2) There was NO need
for Churchill to send rice to India .

3) Diverting grain
ships from Australia passing India enroute to Suez Canal every few days, was
NOT necessary.

4) Bengalis did panic
buying and greedy hoarding in a disgraceful manner.

5) The local
administration consisting of mainly Bengalis were corrupt and inefficient in
food distribution.

6) How incompetence and
corruption can cause famine in a land of plenty.

7) Root cause of famine
was inflation and speculative hoarding by Bengalis. It was NOT hoarded by
British for the army.

8) Food was stocked 13%
more in Bengal than in 1943 than in 1941. Hence it was OK for Churchill to
export food from India.

9) Famine cannot exist
in proper democracy. ( India under princely states never had famine )

10) 1943 famine was a
local Bengali man made thing. The incompetence was native NOT of the British.

11) Bengali producers
exported food.

12) Wages of labourers
was NOT in par with food prices. Enough food was there , believe me, I saw it
in the local bania godowns .

Let us imagine a boy
king of 12 is in charge of a kingdom threatened by famine -- as it has happened so many times in our
history.

He knows that even
Napoleon cannot eat thrice the amount of rice (or staple food like potato) he
normally eats -- we are NOT talking about caviar here.

He will know that all
available food has to be immediately secured or siezed , by strict
monitoring. He will make hoarding a
death penalty. For this he does NOT have
to search the whole country, where 95% people are hand to mouth --"there
goes one more day" pattern.

He will prohibit any
family from having more than a week of food stock in their houses. He will introduce a fair price rationing
system for people below the poverty line.
When it comes to the crunch he will give a royal order that only the
king's depots can sell rice.

He will make sure
epidemics are controlled , by advocating alternate foods , instead of rice
-- as usually 60% of famine deaths are
by malnutrition related diseases. He will eliminate waste. He will d his level
best to import food. He will leave no
stone unturned to run survival kitchens.

He is not gonna be
constrained by bullshit modern economist theories -- where just mere earthy
commonsense is required.

He needs no Adam fu#kin’ Smith theory, to save his people.

As soon as Amartya Sen
won the Nobel prize in 1998 for Economic sciences 10.4 lakh Bengalis delirious
with joy had taken out a rally on the streets of Calcutta, dancing for hours. His R0thschild wife Emma rewarded him for white washing the war crime of her
own family R0thschild and Winston Churchill . Amartya Sen's third wife is Emma
R0thschild, is the direct blood sister of Amschel Mayor James Rothschild.

Bengalis were
prohibited to plant food and all their boats . Even bullock carts and elephants
were confiscated, as a scorched earth policy( sic!) against Jap
invaders.Starving skeletoned people in a terribly shocking condition started
pouring into Calcutta, by the millions . They would forage , fight over scraps
, and eat any sort of garbage .

Adam Smith was
responsible for the Chinese Opium misery. It was his idea.

His theory was-- EVERY
MAN IS ALLOWED TO PURSUE HIS HEDONISTIC DESIRES TO A LAWFUL CONCLUSION, AND
THAT OPIUM IS A "LEGITIMATE PRODUCT" . ( If you want to know what is
Hedonism , go to Negril Jamaica , and check out drugged orgies on the open
beach in broad daylight -- own pleasure first ! screw everybody else !!) ALL OBSTACLES TO BUYING CHEAP AND SELLING
DEAR MUST BE REMOVED, WHICH IS THE CORE OF GLOBALISATION...

Emma R0thschild's has
also done a good job of white washing
hedonist and East India company employee, Adam Smith vide her book
ECONOMIC SENTIMENTS.

Sorry Emma--here is one in the eye for you, below -- ( above picture is of Richard Cantillon )

Adam Smith's brilliance cannot be questioned with economists around you,unless you want to be insulted. n. Any errors he made were excused as the
inevitable flaws of any great IQ absent minded professor..

'Adam Smith ties' were
worn as a badge of honour in the upper echelons of the Reagan Administration. Nobody would wear a Hitler tie, right?

Marxists, hail Adam Smith as the ultimate inspiration of their own Founding
Father, German Jew Karl Marx, who was related to Rothschild.. Indeed, if the
average person were asked to name two economists in history whom he has heard
of, Smith and Marx would probably be the runaway winners of the poll.

Adam Smith originated nothing that was true, and whatever he originated was bull. Adam
Smith was a shameless plagiarist, from the works of Richard Cantillon.

Have you seen our own
mediocre economist Amartya Sen lisp the word “model” in every third sentence ? He
wants to stand out as a brilliant guy of the Adam Smith school, which is so
dear to his Rothschild wife ( third one )..

Modern economics is
obsessed with modelling. If an economist
does NOT say the world model or even hear it, he will go crazy with withdrawal
symptoms.

What is a model?

Models describe a situation, and describe how that
situation would be changed by a given set of event—demand and supply. A
mathematical model as a predictive tool to demonstrate the outcome of events in
this complex world run by human emotions — is for the gullible.

Economists are
pretenders who use formal mathematical techniques to understand, and hold your
breath - accurately predict the result of changes in the economy . The truth is that these stupid models can
never accurately predict the future. When you fire a gun you know where the bullet
will make a hole. But hey, our modern economists baffle you with bull, that
they can accurately model the trajectories of prices, employment and interest
rates .

An economist with mediocre
brains ( otherwise he would be a rocket scientist ) pretends to be a master of
all trades - philosophers, social
engineers, historians, sooth sayers, mathematicians, statisticians,
political scientists, sociologists and psychologists, among many other things. The math equation is difficult to comprehend ,
as it is nonsense.

Yet economics — and
economic decisions, from the macro to the micro level — is a human subject NOT
math. It is subtle and psychological and
sporadic. A human subject requires human language, human emotion, human
intuition. The grand theoretical-mathematical approach to economics is nonsense...

The pseudo-scientific
school of mathematical economics if for the perfect world run by robots without
emotions— where even the weather is math controlled and there can be no domino
effects-- where there is no subtlety or ambiguity or uncertainty.

Mayer Amschel (Anselm)
Rothschild, was born in Juddddenstrasse Frankfurt am Main, Germany in 1744, and
is held to be the founder of the famous
House of Rothschild. But his money lending father had financial interests in bothe Germany and France.

Richard Cantillon
(1680s – May 1734) was an Irish-French banker and economist . He wrote the
Essai sur la Nature du Commerce en Général (Essay on the Nature of Trade in
General), a book considered by William Stanley Jevons to be the "cradle of
political economy" .

During the late 1710s
and early 1720s, Cantillon speculated in, and later helped fund, John Law's
Mississippi Company, from which he acquired great wealth.

Cantillon was
influenced by his experiences as a banker Essai is considered the first
complete treatise on economics, with numerous contributions to the science. These
contributions include: his cause and effect methodology, monetary theories, his
conception of the entrepreneur as a risk-bearer, and the development of spatial
economics. Adam Smith copied from Cantillon's
Essai .

In 1716, the French government granted him
both permission to found the Banque Générale and virtual monopoly over the
right to develop French territories in North America, named the Mississippi
Company. Essai was not published until
1755 as a result of heavy censorship in France, it did widely circulate in the
form of an unpublished manuscript between its completion and its publication . Adam Smith lifted Cantillon’s sustenance theory of wages—whole sale.

Adam Smith not only
contributed nothing of value to economic thought; his economics was a grave
deterioration from his predecessors.

The mystery of Adam Smith, then, is the
immense gap between a trumped up reputation ( ashe rubbed shoulders with Rothschild ) and the sordid reality. The Wealth of Nations was made to blind all men, economists
and laymen alike.The Wealth of Nations exerted such a
colossal impact on the world thanks to Rothschild and East India Company, that
all knowledge of previous economists was blotted out, hence Smith's reputation
as Founding Father.

Enough of false god and plagiarist Adam Smith and his reflected brilliance!

Capitalism has to be
understood and rejected in its entirety.
Capitalists, do not create wealth. Workers do. Workers are not dependent on the
capitalist class but could run society in their own interests within common or co-operative ownership and democratic control. Capitalists are dependent on the exploitation
of workers for their wealth and attached privileges.

Capitalism benefits
capitalists, not workers . Capitalist economics is the employer's set of
ideas and rules to keep workers in their place. You will not hear Chancellors of the
Exchequer lecturing the CBI to make less profit and give workers higher wages
but you will always hear Chancellors telling workers to be more productive and
not to take increased pay rises and bonuses.. But one thing they do not have is an
understanding of is their own subject matter.

Economists students must ask how the
profession had been blind to the fact that its theories were leading people
down the wrong path. The oft repeated paradigm that the market corrects itself,
is sheer bull. Economists assumption that everyone in an economy can borrow at
the same risk-free rate is pure bull.

Without a rethink, we
face the end of growth. We face the end of progress. We face more poverty,
greater conflict and rising ill-health. Life expectancies will fall, as will
standards of living. In developed countries, health care, savings and pension
promises will be broken. In the third world hopes for
development will not be met. Tensions between peoples will grow.

We have to re-ground it
in a new paradigm. A new economics can only be originated by a new outlook on
value and wealth. The GDP cannot be considered a measure for the standard of
our lives.

Modern Economists (
especially the ones who snort Cocaine )
are strongly influenced by their testosterone levels.

Mainstream economic and
financial models, the ones that currently rule the markets and determine value,
have shifted their focus over the years from what is best for the society they
should try to model to what is mathematically possible to achieve for maximizing benefit of a few. Most economists and
financiers are nothing more than “hands on” mathematical labourers and
their models are pseudo science.

Mainstream economic and
financial models pursue an idea of value that is divorced from any concept of
the general wealth and well being of human beings and society.

Prevailing models are
based on a totally driven by the
lust for individual profit. These models are rooted in the win-lose paradigm . They call it “competition” and a
gigantic and ineffective apparatus has been unfairly created to “ensure” fair
competition.

The starting point is
to define what the role of the government should be and which policies an
economic model should mirror. Any government should first and foremost protect
the freedom of its citizens under the constitution. For an Indian who suffered 800 years of slavery — it
is freedom from any risk of slavery. We
do NOT want to be a banana republic where each and every Minister and MP of the ruling party is paid bribes by huge corporations like Walmart , Vedanta
or Monsanto.

We the flies must have
the ability to protect ourselves from huge spider enemies and freedom from tyranny. People must have the entrepreneurial freedom to start
own small "pop and mom" ventures and business. There must be a
network of support for the development of any form of free enterprise.

None of the economists are prepared to see the obvious because
it is not in their equations and wish lists. Crap in equals crap out, no matter how you dress
it up in fancy maths which in any case only a small percentage of people can understand. It's just about bamboozling the masses so they don't query what bull they are being
told.

Every equation in
neoclassical economics is rubbish. The
differential equations describe nothing.
Economics is not about mathematics,
it is about the human being-- in a complex country like India. Virtually all
commonly held beliefs about economics--whether espoused by "baffle them
with bullshit" political activists, politicians, journalists or
taxpayers-- are just plain wrong.

Economics will always
be bullshit because it relies on the premise that human beings behave in a
systematic way, when they don’t. We cannot predict consumption/saving/investing
behavior in long-lasting ways.
"Culture" is a
inexplicable, chaotic force that makes economics hopeless.

There's no guarantee
that what may hold today will hold tomorrow. Science rests on the assumption that
the mechanisms of the Universe are stable. When that assumption fails, economic science
fails. Even if the macroeconomy is
incredibly chaotic, the economists use brute-force computer power to make
short-term forecasts, like how weather forecasters do.

Economics previously
was not a very mathematical science, at least compared to the way it is today. Economists used to write articles with very few equations, or even without any
equations at all.

People don’t understand
complicated math, so economists can automatically win arguments with someone
who cant understand math. Nowadays,
most papers on economics have complex equations in them. All economists have to be able to talk about
their ideas using grandiose mathematical models and statistics, or other economists won’t
respect them. This is part of what is called being able to “think like an dazzling economist.”

Economists still like
wearing their 3-D glasses after the 3D Titanic movie is over and they drive
home to go to bed with great self importance.

Economics starts with
assumptions and then tries to do voodoo math with the assumptions. Why are the ignorant and low IQ politicians and commentators who confidently speak economic nonsense treated as
sages? And why do so many journalists uncritically repeat their nonsense? If not they may lose their jobs, right? The
news media lavish on high-profile politicians and pundits who baffle people with confident bull with
absolute certainty --on matters about which their own words show they know nothing.

Too few people in
public life understand economics, numbers or algebra. None of them did Math or Calculus in college. Hardly any remember, the crucial concept underlying matters of economics and finance
known as accounting identities. Accounting identities are statements that must
be true no matter how you arrange the components. Thus 2+1=3 just as
3-1=2. Likewise, net worth equals assets
minus liabilities just as assets equal liabilities plus net worth and profits
equal revenue minus costs.

I have NOT yet seen an
economist who can solve a simple math below, which even a illiterate chai-wala
boy in Calcutta can do.

Three friends go to a
bar for drinking beer ( costing 10 dollars a bottle )

As usual they take out
one 10 dollar bill each from their wallets and gives the waiter, 3 nos 10 dollar notes or 30 dollars.

The bar owner is in a
expansive mood and he tells the waiter -- "happy hour time! -- give them 5
dollars back!!-- i will charge only 25 dollars for 3 beers today ".

See, you cant argue
with dorks. 2 dollars is something
which happened in the mann mandir of the waiter. How do you know that he stole 2 dollars ? Accounting has to be objective.

This is where the
economists confidence goes for a toss.

In economics, Gross
Domestic Product equals consumer spending plus government spending plus
investment plus the net of exports and imports.
Or in its simplest form: Spending = Output = Income. One can predict that , over the long term, if
marginal costs exceeds marginal revenues, then a firm will go broke.

Economists are charlatans hired by politicians to push a particular point of view, masquerading as sure science. Politicians know very well how to fix the economy, but their masters,
blinded by greed, refuse to let go. Our minds are raped with the scientific nonsense. It is all about greed. That is the only element
driving our economic system, which is called capitalism, is greed.

Economic models try to
simulate the real universe of commerce, with idiotic assumptions based on SCANTY INFORMATION , which of course will lead to stupid predictions. Natural science models can predict more accurately because they deal with simple inputs. Human behavior can never ever be a simple input.

Modern economics is
obsessed with modelling. A mathematical
model is a predictive tool created to demonstrate the outcome of events in a over simplified alternate universe.
Mathematical economic theories cannot accurately predict the future. This is NOT a calculation like low tide-high tide or sunrise- sunset time. Physicists can very accurately model the trajectories of rocks in space. But
economists cannot accurately model the trajectories of prices, employment and
interest rates down on the rocky terrain. So they make the map more important
that the terrain.

Economics — and
economic decisions, from the macro to the micro level — is a human subject. It
is subtle and psychological and sporadic. A human subject requires human language,
human emotion, human intuition.

The grand
theoretical-mathematical approach to economics is fundamentally flawed. Trying
to smudge the human reality of economics and politics into cold mathematical
shackles is degenerative.

The pseudo-scientific school
of mathematical economics hungers and craves for a perfect world, where each
river is the same, where there is no butterfly effect, where human preferences
are expressed in equation form, where there is no subtlety or ambiguity or
uncertainty.

Economics students
waste 3 years, learning to fiddle with budget constraints and production
functions, and using constrained maximisation to solve irrelevant problems that
are completely detached from reality.
They are given completely arbitrary utility functions and aren't told
why those functions are appropriate to use. And then, when they have solved these archiac problems, they are
told that it "proves" that the
free market works, and that the price signal ensures efficiency.

The whole purpose of
economics is to justify the status quo, to act as apologists for environmental
degradation, income inequality and neoliberal capitalism. If the student tries
to innovate with ethical arguments he is accused of not "thinking like an
economist". He is supposed to argue
on behalf of the delusional Adam Smith that throwing people out on the streets
is the rational policy to pursue.

I honestly don't see
why economics continues to be taught . It is a complete pseudoscientific
discipline with no redeeming features that has contributed to a huge number of
problems in this world. It's no better
than withcraft, and it's consequences are much more severe

We need people to start
speaking out against this discredited "science" before it damages any
more lives.

We need to take away hoarded OLD 100/ 500/ 1000 rupee notes-- and have noted with better tracking facility and security.

The Human Race will
only make progress once economics is no longer subsidised and taught at our
prestigious universities, and is only mentioned in history classes as a prime
example of a discredited science from the past.

How can you justify an
academic discipline that's sole purpose is to act as apologists for an economic
system that has failed a significant percentage of the world population and
it's inherent weaknesses responsible for the worst financial crisis since the
Wall Street Crash? I'm NOT saying that we should only be taught Marxist theory,
but there is no balance in economics whatsoever. The subject is completely
divorced from reality, and when empirical evidence goes against theories (like,
as if if reality doesn't correspond to right wing theory, it's reality that's
to blame. No proper science would operate like this.

Whenever scholars from
other disciplines try to debunk economic theories, they're called left wing
idiots. When other heterodox economists criticise economics, they're called
cranks, without any attempt to rationally debate their arguments. Economists love presenting their work as
scientific however, many of their
theories can never ever be reliable tested, because people's
"utility" functions simply cannot be measured in any sense

80% of economics these
days is empirical. Economics is a
complete pseudoscientific discipline with no redeeming features that has
contributed to a huge number of problems in this world.

In science, theories
and models are tested against reality. If they are contradicted by confirmed
events, theories are either modified or rejected. In the long run there is a
winnowing out process which selects one or a few theories as being most probably
correct. In a pseudoscience, no such winnowing out occurs: when confronted with
strong evidence against a pseudoscientific theory, either the evidence is
dismissed whole sale or reinterpreted to conform to theory. Or the theory is reinterpreted
to make it consistent with the data. Abandonment of the theory is never even an
option. There has been no winnowing out of economic theories. When an
"impossible" event occurs the theory is simply tweaked and reinterpreted to conform to the new situation. So we have unstable sky scrapers, too dangerous to live in.

Nobody in thier senses will ever say that that
economics is even a science in the strictest definition of the term. Social
Sciences in general are not science in it’s strictest sense. To hold economics
or political science to the strictest scientific method is impossible..

Production of wealth
should NEVER be tied to its distribution. The former is in the field of
"applied economics" while the latter belongs to "social
economics" and is largely a matter of power and politics.

Even the best
economists cannot make exact predictions about future events. What is the
current state of economics today? Contemporary economics appears to rest in a
state of polarization between two opposing philosophies: capitalism and
neo-Marxism. Both are flawed.

Economics fails to take
into account human nature as the greatest driver of behavior and when it does, it does NOT understand culture and priorities .Human nature is studied in the subfield
of behavioral economics, which essentially tries to explain why people are
“irrational.”

Quantitative metrics,
such as per-capita income and median income, are flawed, primarily because they
can easily be skewed by the higher wealth of small communities where wealth is
highly centralized. Qualitative metrics and sociological examination are
needed.

PUT ON YOUR HEAD PHONES AND LISTEN TO THE VIDEO BELOW--

How did the crash of
2009 happen?

QUOTE : Before the recession
, the 2002–2008 period encouraged
high-risk lending and borrowing practices; international trade imbalances;
real-estate bubbles that have since burst; fiscal policy choices related to
government revenues and expenses; and approaches used by nations to bail out
troubled banking industries and private bondholders, assuming private debt
burdens or socializing losses.

The U.S. Financial
Crisis Inquiry Commission reported its findings in January 2011. It concluded
that "the crisis was avoidable and was caused by: Widespread failures in
financial regulation, including the Federal Reserve’s failure to stem the tide
of toxic mortgages; Dramatic breakdowns in corporate governance including too
many financial firms acting recklessly and taking on too much risk; An
explosive mix of excessive borrowing and risk by households and Wall Street
that put the financial system on a collision course with crisis; Key policy
makers ill prepared for the crisis, lacking a full understanding of the
financial system they oversaw; and systemic breaches in accountability and
ethics at all levels.“

Author Upton Sinclair
(1878–1968) famously stated: "It is difficult to get a man to understand
something when his job depends on not understanding it."

In the years leading up
to the crisis, the top four U.S. depository banks moved an estimated $5.2
trillion in assets and liabilities off-balance sheet into these SIV's and
conduits. This enabled them to essentially bypass existing regulations
regarding minimum capital ratios, thereby increasing leverage and profits
during the boom but increasing losses during the crisis. As the shadow banking
system expanded to rival or even surpass conventional banking in importance,
politicians and government officials should have realized that they were
re-creating the kind of financial vulnerability that made the Great Depression
possible—and they should have responded by extending regulations and the
financial safety net to cover these new institutions.

As long as the damage
caused to people, cultures, and ecosystems is not denominated in money, it is
in the realm of other, off the balance sheet. The same goes for business
accounting, in which costs can only be externalized when the payer is, again,
off the balance sheet—an other. To the extent that we identify with our communities,
we cannot export costs to them.

By pursuing his own
interest he frequently promotes that of the society more effectually than when
he really intends to promote it.

The shadow banking
system is the collection of financial entities, infrastructure and practices
which support financial transactions that occur beyond the reach of existing
state sanctioned monitoring and regulation. It includes entities such as hedge
funds, money market funds and structured investment vehicles (SIV). Investment
banks may conduct much of their business in the shadow banking system (SBS),
but most are not SBS institutions themselves.

The core activities of
investment banks are subject to regulation and monitoring by central banks and
other government institutions - but it has been common practice for investment
banks to conduct many of their transactions in ways that don't show up on their
conventional balance sheet accounting and so are not visible to regulators or
unsophisticated investors.For example, prior to the financial crisis,
investment banks financed mortgages through off-balance sheet securitizations
and hedged risk through off-balance sheet credit default swaps.

The volume of
transactions in the shadow banking system grew dramatically after the year
2000. By late 2007 the size of the SBS in the U.S. exceeded $10 trillion and by
late 2011 had increased to $24 trillion according to the Financial Stability
Board. Globally, a study of the 11 largest national shadow banking systems
found that they totalled to $50 trillion in 2007, fell to $47 trillion in 2008
but by late 2011 had climbed to $51 trillion, just over its estimated size
before the crisis. Overall, the world wide SBS totalled to about $60 trillion
as of late 2011.Shadow institutions do not accept deposits like a depository
bank and therefore are not subject to the same regulations. Complex legal
entities comprising the system include hedge funds, structured investment
vehicles (SIV), special purpose entity conduits (SPE), money market funds,
repurchase agreement (repo) markets and other non-bank financial institutions.

Shadow banking
institutions are typically intermediaries between investors and borrowers. For
example, an institutional investor like a pension fund may be willing to lend
money, while a corporation may be searching for funds to borrow. The shadow
banking institution will channel funds from the investor(s) to the corporation,
profiting either from fees or from the difference in interest rates between
what it pays the investor(s) and what it receives from the borrower.The shadow
banking system makes up 25 to 30 percent of the total financial system, according
to the Financial Stability Board (FSB), a regulatory task force for the world's
group of top 20 economies .

This largely
unregulated sector was worth about $60 trillion in 2010,.Like traditional
banks, shadow banks provide credit and liquidity but, unlike their traditional
counterparts, they do not have access to central bank funding or safety nets
like deposit insurance. Unlike traditional banks, shadow banks do not take
deposits. Instead, they rely on short-term funding provided either by
asset-backed commercial paper or by the repo market, in which borrowers offer
collateral as security against a cash loan and then sell the security to a
lender and agree to repurchase it at an agreed time in the future for an agreed
price. They are often based in tax havens, invest in long-term loans like
mortgages, providing credit across the financial system by matching investors
and borrowers individually or by becoming part of a chain involving numerous
entities, some of which may be mainstream banks.

As shadow banks do not
take deposits, they are subject to less regulation than traditional banks. They
can therefore increase the rewards they get from investments by leveraging up
much more than their mainstream counterparts and this can lead to risks
mounting in the financial system. Unregulated shadow institutions can be used
to circumvent the strictly regulated mainstream banking system and therefore
avoid rules designed to prevent financial crises.

In January 2012, the
global Financial Stability Board announced its intention to further regulate
the shadow banking system, in the interests of the real economy.

The full extent of the
shadow banking system was not widely recognised until work was published in
2010 by Manmohan Singh and James Aitken of the International Monetary Fund,
showing that when the role of rehypothecation was considered, in the U.S. the
SBS had grown to over $10 trillion, about twice as much as previous estimates.

This been implicated as
significantly contributing to the global financial crisis of 2007–2012.

The rapid increase of
the dependency of bank and non-bank financial institutions on the use of these
off-balance sheet entities to fund investment strategies had made them critical
to the credit markets underpinning the financial system as a whole, despite
their existence in the shadows, outside of the regulatory controls governing
commercial banking activity. Furthermore, these entities were vulnerable
because they borrowed short-term in liquid markets to purchase long-term,
illiquid and risky assets. This meant that disruptions in credit markets would
make them subject to rapid deleveraging, selling their long-term assets at
depressed prices.

Economist Paul Krugman
described the run on the shadow banking system as the "core of what happened"
to cause the crisis. "As the shadow banking system expanded to rival or
even surpass conventional banking in importance, politicians and government
officials should have realized that they were re-creating the kind of financial
vulnerability that made the Great Depression possible—and they should have
responded by extending regulations and the financial safety net to cover these
new institutions. Influential figures should have proclaimed a simple rule:
anything that does what a bank does, anything that has to be rescued in crises
the way banks are, should be regulated like a bank." He referred to this
lack of controls as "malign neglect." UNQUOTE

During the Age of Enlightenment society
flourished, propelled by the wonder of new discoveries, radical ideas for
economic and social development, and a sense that we all had a responsibility
to improve our world. It's time to get back to those lofty ideals, step back , examine and re-evaluate our values, and work out what humankind really needs.

All perceptive students
of economics on this planet -- please start
demanding answers from your professors — I am sure you know that you are being
taught empirical pseudo-science in college.

If it is blasphemy so
be it! The emperor is naked
indeed , and you must expose him !!

We must make a new
win-win model ensuring the down trodden are not left behind, with freedom from
“risk of going back to slavery” as number one condition.

We must NOT confuse GDP
with economic progress. We are
destroying entrepreneurial activity and burning our own babies.

IN ORDER TO SAVE THE
WORLD FOR HUMAN HABITATION, WE MUST STOP TEACHING FLAWED ECONOMICS!

Economic theory abstracts from virtually anything having to do with time. All of it is a 3D graph—time
must be taken into account. We are NOT intelligent or perceptive to talk in 4D.

But we all know the planet survived very well before Adam Smith and Rothschild's mistress Ayn Rand cooked up super-man John Galt ,right?

Economists must be
lateral thinkers!

ATLAS SHRUGGED was
written in 1957, by a Jewish Russian American by the name of Ayn Rand ( Alisa
Rosenbaum , born 1905 , from St Petersberg ) . She has put herself in the book
as Dagney Taggart--the heroine.

The hero was of course
John Galt, who is clearly Phillipe Rothschild. The book glorifies capitalism
and the virtues of selfishness-- typical of Zionist bankers and Free Masons. John
Galt does not make an appearance in the novel till it is 2/3 over.

But he gets a great
introduction -- rather his reputation precedes him, by the constant corny brain
thumpin' refrain " Who is John Galt? "

-- the readers are now
in the common quest to discover this answer rivalling the holy grail .

As the bullshit plot unfolds John Galt is turn
out to be a creative inventor, the great all American Jewish capitalist who has
all the grey matter and moolah. He and his Jewish industrial leader ilk are
supposed to hold the burden of this planet- like how Atlas held up the whole
world on his shoulders , as per Greek mythology.

So in 2008-- as per the
John Galt blue print -- Jewish Lehman brothers went bankrupt first -- causing
the DELIBERATE DOMINO EFFECT.

The whole worlds wealth
SELF DESTRUCTED ON COMPUTER and suddenly vanished -- this is the essence of
financial engineering --

POOOOOFFF!

Trillions of Dollars
were then spent to bail out and prevent the world system from collapsing
FURTHER and total fiasco.

This bail out money
would be the common poor mans' future tax burden.

US Federal Reserve
which is a private Zionist Jewish organisation ( it is NOT owned by US
government ) injected billions of dollars into the American banking system.

Other banks had to
follow suit and Wall Street was brought on its knees, Global equities including
in India nose dived.

IMF lead by Rothschild
man Kahn and IBRD would make trillions of dollars available to struggling
countries, and put them in the vice of debt traps . The Fed gave 2 Trillion
dollars in loans to Citigroup , Morgan Stanley etc.

The crash of 2008 had been planned for several years--as a inner Bilderberg club decision.

It did NOT happen
overnight.

A piece of advise for our new patriotic " Economic Warriors" who can make a difference, for Bharat Mata.

Dwell over it. Make a CHANGE for the better. India is NOT like other downwardly mobile countries, whose looted money is getting over . We have a potential--every which way..

As Einstein
said, we cant solve our complex problems with the same colonial mindset and thinking that created them.

Making easy money by digging up and shipping it overseas is NOT the economy model we wish for.

This has been overdone by corrupt politicians who wanted kickback accounts in foreign Swiss banks.

Before they lose power these politicians will loop it back into India using benami names ( like in IPL cricket league ) via FDI to launder the ill gotten money and convert it into tangible assets.

The need to drive the
economy growth must be balanced with the need to care for our down trodden people
and the need to protect our environment .

The economy is just a tool we invented for governing the
relationship between people, and between people and nature.

We need to fabricate new economic tools. We need to
give incentives for “ reuse and recycle”.

GDP just measures what
we make and consume, not who we are (our
human and social capital) or where we live (our natural capital). It totally disregards the ever widening chasm between
haves and have nots. Let some have nots be invited on our foreign funded TV ,
instead of Lord Meghnath Desai prototypes.

GDP is useful for its
purpose – for predicting tax revenues , for example – but it cannot be seen as
the bench mark , of our progress as a nation and our entrepreneur drive .

The GNP does not allow
for the health of our children, the quality of their education, or our patriotism
to our beloved country, which broke the chains of 800 years of slavery, just 65
years ago. We need a driver in the
drivers seat with 100% Indian DNA—and not an Italian waitress.

GNP measures everything
, except that which makes life worthwhile in India. And we have simple tastes
and we are a happy family .

Productivity is a word
that suffers terrible abuse at the hands of Adam Smith driven business
lobbyists .

Above picture shows LOBBYING with ruling party ministers---- as per their own disclosure statement in USA, Walmart has have paid 53 crores in the last 2 years, in India ( so little? )

There must be some dang evidence that allowing workers to be treated
more harshly and unfairly does anything to improve society.

Productivity gains are
best found through investing in the future of Indian economy – through constant
prioritization of needs, education, R&D, health and better management of our
bountiful resource .

Healthier people are
more productive workers, with fewer sick days. A better educated population is
a more productive population. Clearly we need to get our priorities straight.

Why do we give billions
to multi-national corporations like Vedanta and not more assistance to cottage
industaries and pop and mon small businesses?

The West has gone back
to clean rivers , blue skies and green fields. We must protect our environment
also helps people, creates jobs and helps the economy.

We must not allow desh
drohi politicians and money bags, to pander to evil companies like Monsanto,
who will bury our food security. No food for 1.3 billion people means civil
war, and this is what the jealous West wants.

Monsanto came to India for selling genetically engineered seeds by
bribing Indian politicians. Sonia Gandhi favours Monsanto. Once you get into the pay roll of Monsanto there is
NO way out. It is just like doing a
favour for any drug cartel . Once IN
there is no way OUT.

Thanks to Monsanto the bee population on
this planet has declined. This is dangerous as bees are essential for
pollination. Nil bees and the planet will die in less than a decade. When bees
are affected by pesticides they inbuilt radars get shut down, and they get
lost.

This evil monster has taken away the age old farmers right to use their
own grown seeds .We have to buy
seeds from Monsanto , as Monsanto GM seeds are terminator seeds or sterile seeds. And
like how Bill Gates changes the Windows version , Monsanto also started their
Version 1 , Version 2.2 seeds--or-- second / third generation seeds. So the farmers had to borrow money from money
lenders, and get themselves into a debt trap, with declining yield crops.

Contrary
to Monsanto claims genetically engineered seeds does NOT increase the yield.
The Monsanto method has given birth to Super Weeds and Super Pests, as they
become resilient. Ground water is now polluted as more deadly pesticides have
to be used in greater doses.

Honestly Indians are being used as
guinea pigs , all under the blessings of our politicians and foreign funded
double agent NGOs--who have Swiss bank accounts. By the way Swiss banks are
owned by Rothschild.

Today
if you visit hospitals in India the kidney and liver sections are full . Our
old people get Alzhiemers which was never heard of in India thanks to GM seeds.
Whom do we need to thank?US President Obama has filled up all important posts with Monsanto stooges-- Roger Beachy, former
director of the Monsanto Danforth Center, Michael Taylor, former vice-president
for public policy for Monsanto, Tom Vilsack., Hillary Clinton, Islam Siddiqui, , Ramona Romero,
Rajiv Shah, Elena Kagan . His biggest financiers Bill Gates
and George Soros are major Monsanto share holders

Russia has just stopped all consumption of Monsanto corn , as a French lab published that lab rats which ate it developed tumors and died prematurely.

We can make this vision
a reality, but only if we recognise that the economy needs to serve the needs
of people and nature, not the other way around.

Let me end with a true anecdote to cheer you up!

Farmers belonging to
the Christian community in Kerala, are educated and highly aware . All of them
now oppose FDI in retail, courtesy Cacafonika nay Sagarika Ghose’s CNN-IBN (
wife of Rajdeep Sardesai ) pea-brained tweets.

“Holy mother of Jesus Christ!
She greeted us on Good Friday and asked for Easter eggs, son! So when such a person talks about FDI as
though it’s the panacea for all of world’s problems, we know this is Jesus’ way
of guiding us in the right path—HALLELUJAH ,” reasoned Thomas Verghese, a
vegetable vendor from Alleppey, and solemnly crossed himself. Sagarika Ghose tried to finger Mamata Bannerjee --who is India's No1 politician, when it comes to honesty and being PRO- downtrodden--and she got flak on her face.

CNN-IBN ( and NDTV ) is pro-Sonia and pro-Walmart!!

TEEEE HEEEEEE !!!!!

Japan's false GDP was
inflated by banks on an over lending spree. GDP by itself is never a good indicator of economic health , as it
does NOT take into account small entrepreneurship, as in India .

The Purchasing
Managers’ Index (PMI) trend indicated by production levels, new orders,
supplier deliveries, inventories and employment level-- with each indicator
having a separate "India unique weightage facor " is a good indicator.

The tonnes of diesel
consumed , number of ships and of what type ( export/ import/ cargo type ) in
port , amount of loans applied for by businesses , electricity consumption ,
railway cargo volume - are all indicators.

PMI number should NOT
be based on large corporations like Reliance, Tata etc, but it must take into
account small and medium sized enterprises (SME), which is more indicative—for a
complex country like India. Poor SME
health ( be aware of trend) of less than 35 out of 100, will indicate that the overall state of the Indian economy is in a bad state..

Let be explain INDIA UNIQUE WEIGHTAGE FACTOR--

When my ship was discharging Clay Slurry at Vancouver Nanaimo island, a Norwegian Supercargo came on board. We had to prepare to load MEG FG for UCC with chlorides less than 0.29 ppm. My Chief officer remarked. This Super cargo is very resourceful, considering how well he managed things ashore. So I told him " His next assignment is in Chittagong. I will bet my bottom dollar, that he wont go there, and pretend that he is sick" .

And I was right, as proved later.

Get the drift of what is Bangladesh specific and Canada specific?

Economics is the only educational
field where students become more evil as they progress. Capitalist economists
in capitalist countries are paid precisely in order to support the rich.

Models based on "
flawed assumptions" about such things as unemployment, inflation, etc.,
are programmed into a computer and then the ill programmed computers spit out thier
conditioned responses.

There will be no
corporate jobs for those who call into doubt the rationality of the existing flawed
capitalist system.

Economics students in
college are taught the "works of
the giants in their field" like Adam Smith, David Ricardo, Alfred
Marshall, and John Maynard Keynes—all men with ulterior motives and an agenda.

We churn out new
generations of economic charlatans, under the guise of "science" .
These charlatans will peddle their bourgeois nostrums to corporate power in the
hope of getting good jobs and big bucks.

I do NOT believe that
all of them are daft.

They are just selfish, and they do NOT have a conscience.
These evil men and women are driving the world as we know it ineluctably
towards destruction.

I have not touched the
evil field of “stock market playing field tilting” and “market manipulation”, “insider
trading” and, “ inflate and deflate tactics” to favour a greedy handful of the wealthy and powerful .

They do all this on
computer with impunity, using brokers.
Stocks rise in the morning, the powerful, fed with “inside undisclosed information”
sell and share prices get deflated by
the end of the day.

How do hedge fund
industry movers and shakers justify such incredible windfalls? Because
they bring such incredible smarts to the table—with their empirical statistical
models to weave magic , which nobody else can comprehend?

Why does the hedge
industry operate behind closed doors?
Can anybody just walk off the street into a stockbroker’s office and
invest in a hedge fund? Why do the Hedge
funds face precious zilch regulation?

Oh, I got it --them deep-pocketed
investors have the sophistication to protect their own interests, right?.

ADAM SMITH MAY BE PERCEPTIVE -- BUT -- THERE ARE PEOPLE WITH GREATER CONSCIENCE WHO ARE MORE PERCEPTIVE THAN HIM.

Energy occurs in many
forms, including chemical energy, thermal energy, electromagnetic radiation,
gravitational energy, electric energy, elastic energy, nuclear energy, rest
energy. These can be categorized in two main classes: potential energy and
kinetic energy. Rothschild had shoved in money into this model— where potential
energy added to kinetic energy remains a constant. They do it in a capacitance,
conductance and inductance model. Only
morons will NOT release that money is handled by fallible human beings who can
be manipulated—and some humans have less potential than others.

How many of you knew that Marx ( blood relative of R0thschild ), Lenin, Stalin, Trotsky etc are all Jews. Communism is nothing but state capitalism, and this is why it is not free from
the defects of capitalism. In state capitalism industries are centralized. Capitalism
and communism are essentially the same internally, to an intelligent man.

For several years now,
Indian economy has displayed its independence, has been growing stronger and is
indifferent to fluctuations of other economies.

It does NOT get shaken and
stirred by fluctuations in the U.S. and
EU markets.

Adam Smith made a
couple of observations – that the butcher, the baker and the brewer do not
supply meat, bread and wine for satisfying the ‘consumer’ but for serving their
own self-interest in the form of ‘making a living’. Every idiot knew this , he did NOT run to the
Rothschild monopolized media to print this out.

Adam Smith also
identified the principles of supply and demand. Every idiot knew this too. The
idiots knew further—that after eating 2 tasty biriyanis, his HUMAN PSYCHE does
not allow him to eat a third one, without allowing a TIME FACTOR in between.

This is where and when Adam
Smith should have been discarded into the garbage bin.

Bottom of the barrel modern
economists rarely have mathematical brains. It is NO wonder that their unreal and daft mathematical
equations failed.

In 2008 we had a great humpty
dumpty fall . How many of these “baffle
with bullshit” modern economists saw it coming?

Mediocre economic
students are arm twisted into studying a ridiculous abstract model saturated
with overly mathematical theories of economics. They do NOT understand that
this model must apply to the psychology mankind. Even ecology should have been factored in.

Can what is good for “unlimited
potential” India be the same as what is good for Saudi Arabia? Can a stork sip water from a flat plate or a
fox from a narrow necked jar?.

None of these economic
students had the grey matter to ask , if economics can indeed be blindly interpreted in
an unreal abstract manner ( like Picasso’s nonsense ) through numbers and
equations without any background in the real social sciences or any consideration
of the ‘human subject’ central to it all.

Margaret Thatcher was
steeped in firm belief (of the Chicago School ) that mass privatisation was the
cure to society’s ailments – meaning a more hardened, unleashed, unregulated
and profit-determined capitalism was the way forward.

Of course she had her
financial advisor Victor Rothschild to tell her all this, for this shop
keeper’s daughter just did NOT have the grey matter. She treated unemployment as a mere statistic,
something to be negotiated not in terms of the suffering of those John Bulls unemployed
but in terms of freeing her government of responsibility.

Did not Margret
Thatcher lisp pseudo individualism though her ill fitting dentures “there is no society, only individuals and
families” and keep capitalism alive through crisis after crisis, generating
mass wealth for the top 1 percent. Her
concept of society was based on Freemason
Charles Darwin’s psychology of ‘the survival of the fittest’.

Modern Economics is an empirical
pseudo-science which exists solely to support and propagate a social order in
which the top few have mind boggling
wealth, the rest of the masses exist in
poverty, and corporations enjoy unfettered power. This new social order is
called neoliberalism.

Ever understood the pyramid schemes like Amway where the
top apex rakes in all the moolah while sitting still on their gargantuan
backsides, while the slave drones at the base of the pyramid drown in their own
blood and sweat?.

Business schools
brainwash their students with absurd mathematical fictions, stolen without
comprehension from 19th century classical physics, in which "free"
markets operate as perfect timeless machines which maximize everyone's
happiness. Even today they continue to
tell these immoral stories in the face of overwhelming scientific evidence that
they are false because doing otherwise would require economists to grapple with
power, emotion, and the frailties of humanity.

Even the great fall of 2008
did NOT spur these economists to do self gynecology ( they will never accept an
outside opinion like mine ) .

They will NOT
allow anybody to interfere with their divine ( cocaine charged ) policies and assumptions
of natural equilibrium, market efficiency and statistical predictability.

They
will NOT agree that this world is too complex and uncertain to be analyzed with
models that assume a natural equilibrium of a future that is predictable, at
least in a probabilistic sense.

They
will NOT agree that even competitive and perfect markets can make disastrous
mistakes, as emotion controlled humans ( not pre-programmed robots ) call the shots.

They will NOT agree that a world economy that
is highly unpredictable must be managed with fairy broad and flexible tolerance
ranges for indicators such as inflation, government borrowing or unemployment,
instead of the precise inflation targets of the pre-crisis period.

They will NOT agree that rigid rules devised
many years ago are totally irrelevant.

Is there any need for
perfect mathematical solutions? Is
anything wrong in flexible nay solutions where an imperfect human is factored
in. Confucious would have spake- “Every
problem has multiple solutions and that each solution will lead to new problems
down the road”.

The truth is that there
is NO global economy. All economics, like all real estate for, example,
is LOCAL. History proves capitalism which maintain central banks who create
money out of thin air, is NOT self-correcting. These central banks completely ignore the
impact of bank lending—no wonder they are unable to ward off the effects of financial crisis.

The models used by economists and central
bankers do not reflect the increasing
complexity and interconnectedness of the global financial industry. 82% of the entire global corporate world is
controlled by less than 100 companies. And
the vast majority of these cartel controlled financial institutions that have
become so highly interconnected that a seemingly isolated problem in one
institution can quickly spread to infect the whole system.

When the human body
develops gangrene , the bad affected part must be amputated, so that the whole
body is NOT infected .

Rothschild's Indian agent ( his wife is Rothschild ) Amartya Sen is the Mother Teresa of the Banksters. Both Vatican poster girl Teresa and Bankster are criminal words.

Some of you may want to know further about EVIL Mother Teresa. Come back later and punch into Google search - DIABOLICAL MINISTERING ANGEL TERESA VADAKAYIL

When an economist
cannot understand what is happening and is asked simple questions on TV he will
start using complicated words ( baffle with bullshit method ) like “dynamic stochastic general equilibrium”,
to show that he knows more than the public.

They keep making zany assumptions
in percentages based on scanty or NIL information. Next time check out the dogma of Montek
Singh Ahluwalia and our PM Manmohan Singh .

This is the same type
of dogma our own yuv-raj , the quintessential akkal ka dushman ( enemy of perception ) dishes out to village kids — he will
never engage in a debate on live TV . . After all, the more dogmatic the
policymaker the more likely he will be overconfident and allow simple policy
errors to become enormous and costly policy errors.

The economists with the
highest public profiles are invariably those economists ( like Montek Singh
Ahluwalia ) that are the most dogmatic. Probably all these economists must be
wired to a lie detection system when they come on TV.

There must be a law to
punish such people who fool the masses deliberately with assumption made to
suit their method of useless thinking. These are policymakers who have fallen
victim to the fallacy of treating an abstraction ( the model of
the economy) as if it were the real thing.

With macroeconomics —
the study of the economy as a whole — you can’t put countries and entire
economies in a lab. All you can do is to it there and watch history go by, and
try to deduce some patterns, which vanish like smoke wisps as soon as you think
that you’ve found one.

After all Economics is a pseudo-science which is made to
look like real science with math, and graphics by banksters and bankster monopolized
media and peer-review journals. The Rothschild
cartel stooges, the economists like
Amartya Sen , are mere propagandists.

Money is simple. Psychopath bankers have made it complicated because it benefits them dis-proportionately
to their contribution to society, to keep the crafty system in place.

The world’s Banking
Cartel is equivalent of the corrupt and immoral Vatican of the middle ages
which had to be fought and reined in by the protestants and others. The Church of the middle ages was just as
powerful as the modern international bankers are today.

The evil church’s power
was broken because of the printing press
invented by Johannes Gensfleisch Gutenberg . People started reading and
interpreting the bible themselves instead of relying on the priests.

Likewise
the information superhighway provided by the large hearted internet is our new
Gutenberg, to bring the evil economist cartel to their knees. The cartel is
unable to control the information flow on the net ( like this post ) and is
screwed , and knows it too.

The business schools
create brainwashed economists. These are charlatans and propagandists giving
pseudo-intellectual cover to the looting and general criminality perpetrated by
the 1% against the rest of us. They have to toe the line or they wont pass
their exams or get employed. Committed charlatans to the top 1% are given scholarships to US
universities and given falthu "best economist "awards .

The very fact that our
own PM Manmohan Singh inaugurated Amway in India shows who he is.

Punch into Google
search-

AMWAY MERCHANTS OF PIPE DREAMS VADAKAYIL

Jew John Maynard
Keynes's Civil Service career began in October 1906, in the Rothschild’s India Office. The India Office was a British government
department created by Rothschild one year after he took over British Raj in
India officially in 1858 to oversee the administration, through a Viceroy.

We have Rothschild
Stooges like Manmohan Singh sucking up to Keyes brand of Economics --
reflecting "His Master's voice".

So
pretty soon we have a rapid shift of
opinion took place among many prominent economists in favour of Keynesian
stimulus, and, policy makers began announcing major stimulus packages, in hopes
of heading off the possibility of a global depression.

These morons think that Manmohan Singh is Mensa intelligent. Only we Indians know what
he is worth.

‘Keynesian economics
rests fundamentally on the proposition that macroeconomics isn't a morality
play – that depressions are essentially a technical malfunction.

As the Great Depression
deepened, Keynes famously declared that "we have magneto trouble" –
i.e., the economy's troubles were like those of a car with a small but critical
problem in its electrical system, and the job of the economist is to figure out
how to repair that technical problem.’

It requires a real stupid
brain to perceive that an economy can be compared with a machine, when you
could tweak things with a pipe wrench.

Unlike a machine, an
economy was neither designed by anyone nor built in a factory. There are no plans...no owner's manual...no
guide to troubleshooting problems...and no website where owners go to talk
about the problems they've had and the tricks they've used to fix them.

First, an economy is a
‘complex adaptive system.’ It has lots
of moving parts, in other words, and each of these parts has information and
desires of its own.

The parts have desires
of their own. You build a machine to accomplish the desires of the designer. An
economy, on the other hand, is merely a way for the constituent parts to
achieve their own ends.

The production of
wealth should not be tied to its distribution. The former is in the field of "applied
economics" while the latter belongs to "social economics" and is
largely a matter of power and politics.

Assumptions must NOT be
made on scanty information. This is how you get financial market depressions. The field of information economics includes
both mathematical-economical research and also behavioral economics, akin to
studies in behavioral psychology.

An economy is not some
independent physical process like plate tectonics. It is a collaborative human
enterprise. BRICS is now all set to upset the immoral applecart of the
Rothschild banking cartel by introducing a new central bank.

Since
the economy serves a social function, it can not be separated from politics and
social engineering . The early economic thinkers knew this and wrote in terms
of political economy. Somewhere in the 19th century this concept was lost and immoral
economics as propaganda was born.

Mythological beasts known as “free
markets” appeared. Common sense tells us that free markets have never existed,
that it has always been a question of who controls them for whose benefit.

The result of all these
vulgar lies and confabulations is that society’s purposes, its goods, are
replaced by the few greedy banksters who use the political process to steal and
concentrate the wealth of the many into their hands.

Because economic
processes are agentless and independent, they can claim that their wealth is
just a natural outcome of these processes. In other words, they stole nothing
and all their lootings are legitimate.

Furthermore, any attempt to redistribute
their wealth, society’s resources, back to the many would be the real theft.
The people who speak about this theft are jailed or eliminated or raided and
decimated by the IRS. Economics is not a set
of laws but a set of power relations.

An economist is an
pseudo expert who claims to know tomorrow by the things he predicted yesterday
didn’t happen today. He is dangerously close to asking the public to treat
economics as a religion.

These immoral economists
have built themselves into powerful policymakers and advisers, precisely
because they argue that economics is as reliable and predictive a science as
physics or chemistry.

Stop printing and
broadcasting the opinions of economists so frequently. Every time a Rothschild controlled rating
agency like Fitch or Moody’s or S&P lowers India’s rating don’t behave as
if you balls have been electrocuted.

This
is the way the waitress turned empress ushered in FDI in multi-brand retail into
India, right? These people whom we drove away in 1947 after 800 years of
slavery have been given a toe hold all over again.

Insist that all
predictions and pronouncements from economists include a full disclosure of the
assumptions and limitations of the models used.

It is high time we
shortened the leash on the nostrils of these ninnies, and have them up on a single toe.

We must restrain these people
from making a fetish out of mathematics . These pea brained people were never
good at Math in high school, and hence chose the bottom of the barrel Economics
subject as their career, rather than Electronics
or Computer Science which requires grey matter.

Today’s so called economists are
the modern equivalent of medieval churchmen in robes trying to confound and baffle the
world by shoving in high school calculus in between the Bible verses.

REMOVE ECONOMISTS LIKE AMARTYA SEN FROM POLICY MAKING BODIES.

Debts that cannot be
repaid will not be repaid. The debt held
by the US public was approximately 12.01 trillion USD or about 75% of US GDP. Intragovernmental holdings stood at 5.02
trillion USD , giving a combined total public debt of 17 trillion USD . 5.6
trillion USD or approximately 47% of the debt held by the US public was owned
by foreign investors, the largest of which were the People's Republic of China
and Japan at just over 1.1 trillion USD each.

If a mischief maker
uses his “paid up media” and spreads the rumors of the company's
( or country’s ) bankruptcy,
within no time the investors will withdraw ALL their investments from
that company's share and the price of the share will fall down
drastically.

Those who want to know more
about human emotion , punch into Google search-

DOMINO EFFECT IN CHANGE
MANAGEMENT VADAKAYIL

Above: If a pig's squeal is NOT sweet music to your ears, it is better off dead.TERRAIN MUST PREVAIL OVER

MAP, ALWAYS - VADAKAYIL

Above: Map over terrain?

All policy making economists must be made to take a “Hippocratic Oath”, stating that any policy advice will be first weighed to do no (or minimal) harm to the public good.

A computer does NOT have a conscience. This is why Modern Economics which is hijacked by empirical formulas or Quadratic Equations , which can be tweaked to suit a selfish soul less Central banker, has wreaked terrible damage to society.

Every human being on
this planet has natural rights . he has a right to food, water and shelter..
Anyone who attempts to snatch away these basic sovereign essentials is a vulgar
villain and must be treated as such.

The defining principal
of economic governance, should be a fair deal and a fair equity for all.

Modern
Economics has failed miserably . The rich and greedy of the Bilderberg Club
have used their clout to dictate the
rules of economic theory and further their self interest…

Central banks now dictate
terms to large developing nations . Or
they will be bled dry by carte blanche
banking practices. India has to accept
Rothschild’s demand that their stooge Manmohan Singh will be mane finance
minister by giving him a back door Rajya Sabha ( House of Lords) entry from a
remote Assam state.

Slavery is being permitted in the name of economic growth and
profit. We've all contributed to
allowing Rothschild’s economic system to enslave our lives.

This modern
cryptofascist plutocracy has refined human exploitation to a high degree. Politics first, its handmaiden/method of enslavement -
economics, second. The knife that cuts
cannot cut itself.

Economics is the only “science”
where 100% wrong theories has persisted for
generations. Why is
the intelligentsia of this planet NOT confronting these fake economists who perversely
insist that the Adam Smith theory is still valid in contradiction to the
evidence.

Is this mental insanity?

Why does it take a ship’s captain to pour
his thoughts in his blog post, hoping against hope that some reality will creep
in?.

Modern economics has failed to predict the 2008
financial crisis. After 5 years of analyzing the crisis there are still NO
answers totally discrediting all these self conferred kingpins of economics—like
our Manmohan Singh and Montek Singh Ahluwalia .

History holds no lessons for our turbaned "snap
shot" expert duo.

They talk about economics
as a homogeneous field in which “free market” “rational expectations” holds
water. .Their field of economics is
strewn with bullsh#t theories, many of which are not based on rationality
assumptions or completeness in markets.

Some times they come on TV and start taking
questions— and they confidently give religious
cult type gibberish –nay- zombie nonsense like dorks . They talk in such a deliberate
foggy manner to induce cerebral numbness
and a blank, all accepting stare.

I wonder if they would do the same thing if
hooked on to a lie detector. Economics is a handmaiden employed to
perpetuate the Banking Cartel privilege, an evil institutionalised system of
enslavement of the many by the few.

It is truly ridiculous
that people still accept that Rothschild’s
Central Bank can be directed by the government. .

Choo Chweet -- giving control of our money away to Banks
exclusively doing business and profiteering, by lending it back to us?

Is it not obvious to
even a dumbo , that those banksters who
lived on the return on lending has an interest to deceive the public using all vulgar and immoral tricks
at their disposal and also to to have
governments ( on their payroll) intervene in the market in their favour.

A fair model of
economics in consonance with principle of natural justice is the need of the
hour.. Fake and fraudulent economics must
NOT be allowed rules over humanity.

As a
civilised society we can demonstrate awareness by not fawning over the fake conservatives
enamoured with the now dead theories.

Check out this bullsh#t-

GDP is an empty
abstraction devoid of any link to the real world, and, therefore, has little or
no value in economic analysis.

Above is bullsh#t of
the highest order , dressed up in fancy mathematics to look like science.

They add up all the
transactions in the economy, whether they represent benefits or costs, call the
total the Gross Domestic Product and refer to it as “the economy”.

The GDP framework
cannot tell us whether final goods and services that were produced during a
particular period of time are a reflection of real wealth expansion, or a
reflection of capital consumption.

For instance, if a
government embarks on the building of a Mayawati’s self statues, which adds
absolutely nothing to the well-being of individuals, the GDP framework will
regard this as economic growth. In reality, however, the building of these
ugly statues will divert real funding from wealth-generating activities,
thereby stifling the production of wealth.

Modern economics uses
the trappings of science, like dense mathematics, but only to baffle with bull.
Modern capitalist economics cannot
predict the future, as the global financial crisis showed.

Economics has become a
kind of religion, belief in which is necessary unless one be cast out as a pariah
or a heretic.

Big business magazine
Forbes loudly demanded that the new socialist city councillor in Seattle,
Kshama Sawant, be banned from teaching economics – a subject in which she has a
PhD – because she doesn’t believe in the Rothschild capitalist version.

You have to parrot what
the Rothschild remote controlled and brainwashed teachers have taught you in
business schools, to survive. Science
can prove itself in practice and has nothing to fear from opposing views – while pseudoscience can only rely on immoral force
and vulgar rhetoric.

The oligarchs use pseudo-philosophies
like Ayn Rand’s Objectivism, and other non-rational ways to convince themselves
that they “deserve” their privilege and power.

Economics is and never
will be a science in the same sense as a hard science. Economics isn't a physical science and can't
pretend to contain processes that are governed by laws; not even by theorems.

e more complicated to overcome some obvious failings to explain human behavior.
The theories are expanded and made more
complex in an dazzling attempt to include more realism.

Is is no wonder that
these mindless theories eventually become so complex and restrictive that they
become more interesting to economists to show how smart they are, but less
useful to the world at large.

Without measurement and
quantifiable assessment, economics becomes just political economy; linked to
politics and power, and using words such as "should" and
"ought" and "perhaps" and “I believe”.

Economic models are not
applicable across all times and situations.
MS DOS computers do not work in
the era of Windows 8 . A model might
“work” in one era and in a very specific set of circumstances, but fail in another
era or in a similar set of circumstances.

Economics must hedge in culture. Culture is not a static set of objects, it is
a constantly shifting interplay of feedback loops.

Macroeconomics is the
study of the overall flow of wealth in the economy at large.

Microeconomics
studies the individual actions within an economy.

So far so good.

The near-universal use
of Gross Domestic Product as a measure of economic success, and by implication
of quality of life, does not even qualify as basic accounting. This is because the GDP measures “activity”
involving money, but makes no distinction between useful, useless and harmful
activity: the cost of cleaning up pollution is added to the GDP.

This would be like a
shop keeper entering all his transactions (income and costs alike) in the
credit column of his ledger, adding them up, and claiming his business is
booming.

So a tree fell on the roof of
your house splitting it and also broke your effin' leg. And
you are doing well as per your accounts ledger , right?

What is needed of
course is a balance sheet. It would also
be helpful to separate economic, social and environmental factors. All of these things are available, but they
languish because politicians ( like our Rothschild economist Manmohan Singh )
love the GDP and love to mouth percentages to look wise.

Mainstream economists fail, collectively, to point out the falsity of
using GDP as a measure of welfare— for if you do as business college , you will
NOT pass..

Mainstream economics is
incomplete, grossly misleading and destructive.
It reflects the gross ignorance and long-term intellectual isolation nay
bankruptcy of its practitioners. It uses
a lot of fancy mathematics only to baffle.
All this complex math can’t
disguise the fact that mainstream economics is not science – it is pseudo-science.

When GDP is divided
among a population, it gives a average value for every person. But within a
population, it is common to some have people with higher wealth and welfare and
some people with lower welfare.

By showing an average value for each person, it
may be over-valueing or under-valueing an individuals welfare. People can just change their minds and behave
completely differently.

Wise people will NOT
view GDP as a measure of the welfare of
citizens Economics was like psychology, a pseudoscience trying to hide that
fact with intense theoretical hyper elaboration.

And gross domestic product was one of those
unfortunate measurement concepts, like Freemason Charles Darwin’s evolution theory
(ridiculously based on his goodie bag of dried up finches) in this modern age
of DNA, that ought to have been retired long before.

No economist has the
guts to say that the Emperor is NOT wearing clothes, it just shows the quality
of their moral fibre.

These
are concepts and phrases popular with crooked politicians because that
uncertainty gives them power over the ignorant, the uncaring, the desperate and
the leaderless.

It
is difficult to wake up an economist who is pretending to sleep. He has to be
kicked awake on a spot where it hurts real bad.

Below video: What is GDP worth ?

So here we go with
rocking horse shit--

Microeconomics :--. the
study of small things such as how firms and households operate, the behavior of
individuals and firms in making decisions regarding the allocation of limited
resources-- applies to markets where goods or services are bought and sold.

Macroeconomics:- the study of things such as inflation,
monetary policy, and international trade, the performance, structure, behavior, and decision-making
of an economy as a whole, rather than individual markets—applies to national,
regional, and global economies.

Econometrics : the study of e estimates that may be made
when applying statistical methods to social data, application of mathematics, statistical
methods, and computer science, to economic data and is described as the branch
of economics that aims to give empirical content to economic relations.

BLAH BLAH BLAH !

Nowadays I get mE kicks
by listening to pea brained economists after a market crash.

If you build a 1000
fishing trawlers who have NOT caught a single fish for 5 years ( due to an
inherent problem ) it nevertheless contributed to GDP.

If GDP purports to
measure economic activity which benefits society, the inclusion of government
expenditures is dubious.

GDP is Designed to
Advance the Keynesian Agenda. The welfare of a nation can scarcely be inferred
from a measure of national income. Yet
the blind usage of GDP persists. That its permanence and persistence only
serves the Keynesian policies of greater consumer spending, increased
government expenditures, and larger exports through currency debasement should
not be considered coincidental.

Unfortunately, the
resulting economic stagnation, debt accumulation, and price inflation are as
inevitable as they are predictable.

GDP is the market value
of all final goods and services in a given year. As such, it is only an
accounting identity reflecting the quantity of money in the economy.

Transactions reflecting
both wealth creation and also economically destructive state spending are
included in GDP without differentiation.

GDP has nothing to do
with economic progress. It is a flawed statistic that imperfectly summarises
the money-value of selected transactions over a given period.

Modern economic theory
is a MODEL established by Kenneth Arrow and Gerard Debreu. They started with an
extremely abstract mathematical model of an economy -- a set of producers,
consumers and commodities -- and then built theorems about its properties.

Their result was that, under a gamut of conditions,
this imaginary economy would possess a unique
equilibrium, one set of prices that would perfectly match production and
consumption.

In mathematical
economics, the Arrow–Debreu model suggests that under certain economic
assumptions (convex preferences, perfect competition, and demand independence BLAH BLAH ) there must be a set of prices
such that aggregate supplies will equal aggregate demands for every commodity
in the economy.

The model is central to
the theory of general (economic) equilibrium and it is often used as a general
reference for other microeconomic models. It is named after Kenneth Arrow,
Gérard Debreu.

The theory is based on
two assumptions:--

Firstly, that a
competitive equilibrium exists if each person in the economy possesses some
quantity of every good available for sale in that market;

Secondly, that
exploitable labour resources exist which are capable of being used in the
production of desired goods/services.

ASSUMPTIONS SHALL NOT
BE BASED ON SCANTY INFORMATION

"The economist
specialist is, in the truest sense, an idiot—nay – an asshole ".—Capt Ajit
Vadakayil

Indian GDP calculations need to be modified again , to suit true state of affairs.

Our GDP has long been undervalues deliberately by Rothschild stooge Indians.

At the same time they did NOT fry foul when the western Zionist nations cooked up an inflated GDP and rating agencies gave them a good percentage--out of tune with reality.

IN INDIAN ECONOMY THE DOG WAGS THE TAILS.

IN ZIONIST WESTERN NATIONS, ALL OF WHOM HAVE RUN UP A HUGE EXTERNAL DEBT WHICH CAN NEVER EVER BE RAPID WITHOUT WW3, THE TAIL WAG THE DOG.

WHAT ARE ALL OUR IIM AND IIB INDIAN STUDENTS WORTH ? ARE THEY ALL FUCKIN' STUPID?

In 2014, the Italian government’s National Institute of Statistics was awarded the Ig Nobel prize in economics, for “proudly taking the lead in fulfilling the European Union mandate for each country to increase the official size of its national economy by including revenues from prostitution, illegal drug sales, smuggling, and all other unlawful financial transactions between willing participants.”

HULLOOOO- How do the GDP calculations allow for “black economy” transactions such as drug dealing or prostitution?
.
YET IN INDIA A FATHER CANNOT TEACH HIS SON A BIT OF WEAVING —THESE SKILLS TAKE A LONG TIME TO PASS ON .. IF NOT DONE AT THE RIGHT AGE THIS SKILL PASSED ON FOR THOUSANDS OF YEARS DIE.

For long the Zionist Jew west has tried to brand our family based ultra skilled cottage industries as bonded slave child labour generating GDP .

The desh drohi foreign DNA Indian leaders played along.

They Zionist Jews sponsored people like Kailash Satyarti to kill our family based untra skilled cottage industries using his Zionist funded Goodweave/ Rugmark NGOs. For doing a good job, they gave him Nobel peace prize.

We do NOT want Zionist Jews to save Indian children. Their parents know how to save them

In India we have lakhs of amazing UNTRA SKILLED cottage industries who are NOT in the tax bracket OR covered by the stock market.

INDIA MUST TWEAK ITS UNDERVALUED GDP CALCULATION METHOD A THIRD TIME.

India’s GDP which is undervalued must reflect our cottage industry production and our huge potential.

The western standard of living and their decadent way of life has nothing to do with India.

AND HULLLLLOOOOO —WE DO NOT WANT AMARTYA SEN TO SAVE INDIA. HE CAN SAVE HIS ROTHSCHILD WIFEs FAMILY.

How much does a Yank family save at the end of the month, as a percentage of his income? How much does an Indian family save ?

If GDP purports to measure economic activity which benefits society, the inclusion of government expenditures is dubious.—to maintain prisons, to prevent crime, to sustain wars ( in foreign nations to establish puppet crypto Jew rulers) , to clean up pollution etc

A country like USA is 18.6 trillion USD in external debt yet, the money spent is repaying / servicing this debt this is not reflected in a decreased GDP. Every Zionist white nation has run up a huge debt and their GDP is a fake inflated figure.

GDP only includes positive values: if something is destroyed by war, then rebuilt by a private company, GDP goes up while economic well-being is unchanged or even became worse.

War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious

Recessions are almost impossible as long as a country is engaged on protracted war.

In Zionist western nations with HUGE and UNPAYABLE debt , like I said, the tail wags the dog. We Indians are NOT stupid, NOT to figure out their GDP is a cult thingy

An Indian washes his own windows and GDP is unaffected; the white man in a high rise employ a window cleaner and output is boosted . He trashes his car on the highway and the costs of repairing it add to GDP. The production of cigarettes that cause lung cancer and handguns that are used in murders are also counted as a positive in GDP terms.

The flawed GDP measure method has created a society obsessed with mindless consumerism, in which the focus on growth has obscured the damage done to natural resources.

In India women are homemakers . We do NOT employ servants .

Unpaid women’s labor, for instance — running the household, raising the young, nurturing the sick and old parents — has little value.

If those same women join the ranks of Wall Street quantitative analysts, or old home nurses loolin after other’s parents for moolah, their status suddenly yields high incomes and high contributions to GDP.

They value what they measure.

In India we do NOT need to measure our pricks and twats every hour.

In USA accidents, addictions, oil spills and war, all great boosts to GDP growth, and adds to our collective HILLY BILLY YANK well-being.

That using up vital resources depletes the collective natural capital, -- this liquidation of assets does not count against the GDP.

GDP omits the astounding good work done in the Indian village home mostly by women. It values expenditure on war and nursing care on the same basis. It records the despoliation of the environment only by reference to the amount spent despoiling it, and then includes the amount spent to clean it up.

In USA if a ship is built at hajaaaar expense — whether it carried cargo or lay idle in a lay anchorage did NOT matter – this ship contributed to GDP. In India there is very little waste.

GDP fails to accurately assess the value of goods and services provided or estimate a society’s standard of living.

Our way of life is NOT the same as the Yank and their rcowboy riding posse's ( alies/ coaltion ) way of life.

Our life is based on happiness NOT pleasure and material pursuits like golf , dining at night under candle light drinking bullshit wine , and shaking gaand in a disco.

We do NOT care for Rothschild's rating agencies like Moody's who are just bouncers for big brother.

217 comments:

shyamalganguly (USA) replies to ajit vadakayilGold: 5473742You are doing a great job in exposing pseudo slave economists of India like Manmohon Singh, Montek Ahluwalia and Amartya Sen. It would be great if you could write something about the citadels of Management Studies called IIM. Even well trained engineers from IIT go there to get brainwashed after graduating from IITs. I have seen IIM candidates getting starting salaries in even India which are outrageously out of tune with the job market. Are these all rigged? BTW: having trouble with reCAPTCHA. Can not submit response on your blog.

Dear Capt Ajit Vadakayil,I just had a cursory glance due to paucity of time and saved the entire material for a very leisure reading. Simply a piece of marvellous work. My congratulations. Please keep it up.KrishnanSt.Louis

Capt, the salaries of IIM grads is justifiable if we see the amount of profits that their employers make out of crony capitalism and their links with the politicians. The paid media never bothers to go back and check those companies which offered large renumerations during last few years to verify if they were among those implicated in the recent scams or some or the other corporate relations with companies like Vedanta etc. Wealth Managers who manage wealth generally end up managing the black money routed thru hawala etc.

CHETAN BHAGAT is now being heavily sponsored. have you read his DAFT books?

he talks about how much rent he paid in hongkong while working for goldman sacs, and impressed all the mangy indians.

after being to hongkong more than 100 times over the past 40 years , this type of rent is what you pay for a ONE BED ROOM APARTMENT at the seaface.

VEDANTA is controlled by rothschild.

punch into google search BAUXITE MINING, NAXAL MENACE- VADAKAYIL.

now all the mormons ( american arm of rothschild's religion ) in india are feeling very happy that mitt romney will become the new US president as i had predicted 2 years ago, in several of my blog posts.

god save india.

if you write a comment against vedanta in the e news like TOI or ECONOMIC TIMES--immediately youwill be attacked by monkeys with abusive comments--

I knew few things about Rothschild, US Fedreal Banking and Opium & Tea trades. But there are more than I could read in 1 sitting. I loved it all the way.If could also please elaborate on how to do our homework for Investments in this rotten economy.. I would really appreciate your inputs.Thank you so much.Anil Reddy

Not quite the way you put it. He actually learnt from the flaws in Indian culture. From his biography:

"Steve was disillusioned with the poverty he encountered in India and found it hard to reconcile this with the high spiritual ideals of the country. He had a burning desire to help the masses but he gained insight during his trip that the way out of poverty was not through socialism or spirituality but through technology and capitalism."

Majority hippies who come to India ultimately realize the flaws of the swamis of today. Don't get me wrong. I am a big believer in spiritualism, especially the way Vivekananda approached it, where he tried to merge the ancient vedas with the latest scientific wisdom (but not forcefully). My feeling is that, if the scholars from the Vedic age were around, they would have been first-grade scientists (philosophically similar to American scientists and hippies of the mid-1900s) because they often wondered about cosmology and the stars. They would not be like the fraud, unintelligent swamis and yogis we see today.

An ardent fan of your blog. I got to ask these questions after reading your post

# This post in particular and many in general can convince anyone that Rothschild & Co. is the evil and they do it like GOOGLE who though claim "WE DON'T DO EVIL". This means captain that every soul on earth is compensated by the SIN MONEY of the group(as your perception claims that they control the central banks barring few countries). Now that SIN MONEY is used to feed the family who including the earning member participating in the BAD KARMA. the Law Of Karma take on even though one is honest and cant escape the consequence.

Tell us captain how to earn HONEST MONEY. Is the humanity in Catch 22 situation from the beginning and we have to be like that?

# Is blaming Economics justified for the worst on earth? You have a strong liking for Physics so do I. Atom bombs in World War and Arms race henceforth have strong participation of Physics in them. Does that make Physics an Ugly moron?

# Mathematization of economics has definitely speed up to understand the change with time. Calculus is a tool to analyze the change in our surrounding and that's the beauty of this branch of maths which not only influnces science but also humanities ( like socio, ECO). Yes excessive use of higher maths is absurd like real analysis metric system chaos theory but so far as it keeps things intact I guess its fine. If there are trillions of variable which affects ECONOMICS(according to your perception) and which are not taken into account while developing model then there are many variables too which are rejected while studying PHYSICS, Friction being a major one.

# The Utility function which you claim to have many fallacy IS NOT the one the graduates encounter when they work for sensible RESEARCH HOUSE in real world. You can visit any good Economic Research house and check it out. THose functions like the famous cob-Douglas function are simple textbook examples.

Dont blame the subject rather question the way Subject is being presented and taught. No wonder you send your son to Cornell and didn't mind even giving a miss to IIT.

# Yes IIM is not the end of the story and it snot the pinnacle of achievement but still. You hate Chetan bhagat. Fine. No Issues. But trust me there are several examples of IIM guys who are working at grass-root level and their name you wont even know in your entire lifetime

Dig deeper captain...How many times you would dare to risk your life by gulping sample of water to know exactly what villagers are pouring in their body? chances are NONE. there is someone( IIM_A) whom I personally know who has been hospitalized several times for such many acts. And there are many

Her water sanitation and management company is thanked many time by the common villagers for the generous effort. yes.....HER

I've never read or heard Adam Smith being referred to in such light. I'm intrigued. Captain, Could you please provide what sources you have used wrt Adam Smith's involvement with Rothschild or his the influence of his works in subsequent British economic policies in India? Much appreciated!! Thanks

Hi Capt,I've read many of your blog entries in the last few days since I found it by chance. I always end up agreeing with MOST of what you have to say as it corresponds to my world view. You put thing wonderfully simple and straight. Thank you for these writings and the passion behind it. Would love to sit for a beer with you should I ever visit Kerala. I last visited in 1998, its about time again I guess !!

Federal reserve prints billions dollars out of thin air and lend it to banks for a small interest rate. US Banks lend it to Walmart etc and Walmart pumps it into India.Indians will work for them and provide all infrastructure out of Indian tax payer's work.

Indians are workhorses here. Walmart , US banks enjoy the profit.

Why do we need FDI, we can print Rupee and do same thing ??

What we need is only technology.. as you said we have nuclear and space technology.. and not for FDI ?...

really nice to know opposite view by you capt,really it is very practical and need thoroughly study to comment on many topic ,you mastered art of going into depth and present many angle to idea,whole universe is big learning ground but mind control by media, power ful hidden agenda of money supply and control change everything, mind control when people are at child change lot of thinking of root,india is enslaved by muslim by christian but surprisely,,,hindu still contitute majority is very strong point of their conviction regarding their faith and proud of their heritage, i met lot of fizzy hindu,they were also proud of their vada heritage and whole science discoveries, i wasno awared of because whole marxist,congress media,study curriculam changed whole syllbus with english slave,,thanks to internet we are studing lot of stuff and it is very interesting,can you write on sati ,loot of english rule,muslim rule effect on culture, ethic and psychology,,

Very interesting blog post, Captain. You may be interested to know that many Americans are even more optimistic than you story above illustrates. In fact, there are plenty of Americans who believe that if there was only one dollar in existence, if we could just make that one single dollar circulate fast enough, then everybody could make a million dollars, several times every day! Nice theory, eh?

What do you think about the financial theories of the late Ezra Pound?

ReplyDeleteReplies

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Capt. Ajit Vadakayil

June 16, 2013 at 10:53 PM

He was one of the first who understood the chicanery of the banking cartel. In 1933 Rothschild controlled Time magazine called him "a cat that walks by himself, tenaciously unhousebroken and very unsafe for children."Ezra Weston Loomis Pound wrote long ago. “ The provision of finance is a utility, just like the distribution of water and energy. Yet this public good is in the hands of private sector managers who have done a disastrous job”Financiers have organized themselves so that actual or potential losses are picked up by somebody else—if not their clients then the state – while profits are kept to themselves. There is a chance to make finance once again the servant of the public, as it should be. The Bank of England can directly create sterling assets (that is, print money) if it needs to—i.e. it does not have to “borrow” from the banks it has just had to bail out” “It is not money that is the root of the evil. The root is greed.”“It is an infamy that the STATE in, and by reason of, the very act of creating material wealth should run into debt to individuals.”“The government pays interest to private organizations for the use of its own credit . . . So that actually the government is getting itself into debt to the banks for the privilege of helping them to regain their stranglehold on the economic life of the country.”Pound’s prophetic critique of anti-democratic capitalism became a major theme after the 1929 Crash and the Great Depression of the 1930s—and it led to his being falsely accused of being himself anti-democratic.

Thank you Sir,This was a real eye-opener.The other day I was in Sharayu-Amazon (Book Store in Mumbai) where I was Kautilya's Arthshastra. So I picked it up. I don't remember the publication house but it was from London. Copyrights are with the same house and the price tag said INR 3700.I guess the price is taken to pay royalty for those who manipulated the text of Kautilya.But if you could suggest any older version from India of the above mentioned book it would be a great help to know what he had done so keep economy healthy and stable. I'hv heard that Chankya or Kautilya was the first person to introduce Jakaat which was later followed by Chatrapati Shivaji. Shivaji was following Kautilya's pattern as bible.

Dear Capt. Saheeb,There is one more thing which I wanted to be clear about. As you keep saying again and again thatthe only countries which do NOT have rothschild's central banks are libya, syria, iran, north korea, sudan , cuba.

libya is taken out.

next is syria.

What about RBI then? Is Rothschild running it too?Can you put some light on it too? And if yes then how to deal with it?

Capt. Namaste I a so bloody amazed at the depth of your clearity and frank unfearful way of telling the truth. Your blog has just become so important part of my dya to day life. Recently i came across words like world govt. And rome club would please post something about it thank you

to me Dear Reader,Your comment has been taken off the website as our user community did not approve of it. We encourage you to participate in conversations on the site while refraining from posting obscene, defamatory, or inflammatory comments and not indulging in personal attacks, name calling or inciting hatred against any community.Comment Removed: GOOD PEOPLE OF THIS PLANET-- READ THIS-- ########################## BITCOIN is the virtual currency of BIG BROTHER for his NEW WORLD ORDER . IF BIG BROTHER WANTS TO FUND A REVOLUTION IT WILL BE ANONYMOUS . Example: IF YOU TRY TO SELL SOME DRUGS , THE POLICE WILL KNOCK ON YOUR DOOR PRETTY SOON WITH BITCOINS-- WHICH WOULD BE IMPOSSIBLE IF YOU USED CASH FOR THE TRANSACTION . Already the currency’s optimistically transparent framework has made it possible to track down and crackdown on illicit activities, as evidenced by the drug website Silk Road . The FBI takedown would have been nearly impossible if Silk Road had used cash. The NWO agents spread false propaganda that bitcoins assure anonymity--which is bull . The bull the NWO agents are trying to spread is that rothschild's central banks have no control over the flow of money, which theoretically puts monetary exchange in the hands of the people . sorry-- think again ! Though Bitcoin advertises freedom, what if it is simply a ruse set up by the New World Order to control us . The saying goes, ”anything that seems too good to be true, probably isn’t. ” since all Bitcoin transactions are recorded on a public ledger known as a blockchain, they wouldn’t even have to apply NSA-like tactics to know how much you spent on booze last week . Bilderberg choice US Vice President Joe Biden is calling for a new economic world order . When you want to buy something, you find out the anonymous identification number attached to the seller's wallet, and transfer coins from your wallet to his. AND BIG BROTHER WILL WATCH EVERY CENT OF YOUR TRANSACTION . The NWO is about monopolizing global trade under one global currency .The currency itself is meant to exist only in digital form. So no one can do business in the New World Order without it . After all, one of the quickest ways for the New World Order to take control of the world would be by knowing how everyone spends their money . capt ajit vadakayil ..Best wishes,Team TOI

February 23, 2014 at 1:55 AMHi Captain,i was searching this rothschild word in www.youtube.com and i found something interesting by this guy. hopefully he is also not killed someday. what you were telling all these days he is also telling the same thing. slowly i'm getting an idea of this evil things although it confuses me why do this rothschild family want to do this and kill this world. what harm have the innocents done.

thank you captain for giving us knowledge and god bless you and your family.

I have heard you speak about many american presidents but you have spoken very less about Andrew Jackson except for a few quotes. Was he a patriot or was he another of the Rothschild Agents? After all he was a Freemason..! I didnt wanna come to a conclusion on him without asking you.

US President Andrew Jackson the seventh President of the United States (1829–1837) was a man with balls of steel -- the only man who took on Rothschild and won.

He was fearless and tough , he challenged those he did NOT like, to a shooting duel and killed several of them.

In 1835, Andrew Jackson paid off the entire US national debt, the only time in U.S. history that has been accomplished .

the current debt is 17.34 TRILLION US DOLLARS.

if you do NOT beleieve this , punch into Google search-

http://www.usdebtclock.org/

and watch the debt clock running .

why do you think USA is scared of India today ?

when Andrew Jackson took over US presidency, he knew that 20% of his presidential staff and white house staff were under Rothschild's pay roll.

So our man implemented the theory of rotation in office for political appointments .By the end of his first four years, Andrew Jackson had dismissed more than 20% of the Federal employees who were working at the start of his first term, -- all Rothschild stooges . In the first two years itself he sacked more than 2,000 of the 11,000 employees of the Federal Government.

NOW YOU CAN IMAGINE HOW MANY OF OUR MINISTERS , MPs, MEDIA, JUDICIARY, IAS BABUS ETC ARE LOBBIED UP.

On January 30, 1835, Rothschild tried to have him assassinated . When Jackson was leaving a funeral an assassin named Lawrence from England aimed a pistol at Jackson, which misfired. Lawrence immediately pulled out a second pistol--but our man Jackson pounced on him with a cane and beat the sh#t out of him.

After a couple of weeks Andrew Jackson found out the plot and he gave a speech.

"You Rothschild bankers are a den of vipers. I intend to rout you out, and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning".

These were exactly Hilter's sentiments.

Andrew Jackson was not happy with the Rothschild central bank. When Rothschild’s agent banker Biddle sought to renew the bank’s charter in 1832, President Jackson put his re-election bid on the line and vetoed Congress’ attempt to renew the charter. He vetoed it for three reasons. The bank was becoming a monopoly; it was unconstitutional, and it was a grave danger to the country by having the bank heavily dominated by Jewish foreign interests

Rothschild immediately put the screws on Andrew Jackson for refusing to allow him to re-establish the Rothschild central bank by shrinking the US money supply. He did this by refusing to make loans. By so doing, he upended the economy and money disappeared. Unemployment ran high. Companies went bankrupt because they could not pay their loans. T he nation went into a panic depression. Rotshchild felt he could force Jackson to keep the central bank. So confident was he that he publicly boasted that he had caused the economic woes in America. Due to his foolish bragging, Andrew Jackson became a folk hero and the central bank died. It died until its re-establishment in 1913.

Andrew Jackson was unique for the times in being elected by the voters, without the direct support of a recognized political organization. He vetoed the renewal of the charter for the Bank of the United States on July 10, 1832.

When Jackson came to the Presidency in 1828, Rothschild’s banker agent Biddle was in full control of the Federal government’s central bank. This was not the first time that a central bank had been established. Twice before, first under Robert Morris, and then under Alexander Hamilton, had a central bank been tried, but in both cases it had failed because of fraudulent actions on the part of the Rothschild bankers who were in control. After the War of 1812, a central bank was tried again, and it was in this third attempt that we find R agent banker Biddle.

What are your views regarding Jeff Bezosm founder and ceo of Amazon.com. In one of your posts, you said that he also gets an invitation to Bilderberg club. Why is he som important to receive an invitation to this evil club.

Please shed some light on the News : Bitcoin exchange CEO found dead in Singapore. Seems to be some plan gone wrong costing the life.

Regards

Anand

ReplyDeleteReplies

#############Capt. Ajit VadakayilMarch 7, 2014 at 10:00 AMhi ams,

A fool and his digital money are soon parted.

Bitcoin is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money. Conventionally, the capitalized word "Bitcoin" refers to the technology and network, whereas lowercase "bitcoins" refers to the currency itself.

As the first “cryptocurrency,” Bitcoin has been championed as a way of having money bypass the clutches of central authorities.

On February 28, 2014 Mt. Gox, one of the world's biggest virtual currency exchanges filed for bankruptcy in Tokyo after its computer system was hacked and lost 850,000 bitcoins (750,000 of customer bitcoins and 100,000 of Mt. Gox own bitcoins) worth approximately $477 million at the time, representing around 7 percent of the world's supply.

It is entirely possible that the collapse of Mt. Gox could have been manufactured by a rothschild central bank.

The conspiracy community has been wondering if Bitcoin isn’t just a nicely disguised NWO creation. After all, one of the quickest ways for the New World Order to take control of the world would be by knowing how everyone spends their money. And since all Bitcoin transactions are recorded on a public ledger known as a blockchain, they wouldn’t even have to apply NSA-like tactics to know how much you spent on beer last month.

Bitcoin is designed to be inflation-proof, double-spend-proof and completely distributed.One draw of Bitcoin is that central banks have no control over the flow of money, which theoretically puts monetary exchange in the hands of the people.

The very scheme of a bitcoin transaction, forces the user to remain with realm of high-bandwidth communications while carrying a powerful computer. This is exactly the full prerequisite for total surveillance by the state on its residents, with the powerful computers, e.g. iPhone/iPad, keeping on reporting to the Prism on every move you make and on any step you take.

Bitcoin has become increasingly popular among tech enthusiasts, libertarians and risk-seeking investors because it allows people to make one-to-one transactions, buy goods and services and exchange money across borders without involving banks, credit card issuers or other third parties. Criminals like bitcoin for the same reasons.

It seemed ludicrous that the 64-year-old Japanese-American man whose name really is Satoshi Nakamoto credited with inventing Bitcoin – the world’s most wildly successful digital currency, with transactions of nearly $500 million a day at its peak – would retreat to Los Angeles’s San Gabriel foothills, hole up in a rat hole type home and leave his estimated $400 million of Bitcoin riches untouched.

In October 2013 , the FBI shut down Silk Road, an infamous Internet-only black market, and it arrested Ross William Ulbricht, who the FBI said was the owner of Silk Road, named Dread Pirate Roberts, or DPR. Later that month, New York U.S. Attorney Preet Bharara announced that the government had seized 144,336 bitcoins from Ulbricht.

Already the currency’s optimistically transparent framework has made it possible to track down and crackdown on illicit activities, as evidenced by the drug website Silk Road. (The FBI takedown would have been nearly impossible if Silk Road had used cash.)

Early adopters benefit more than the johnnie come latelies -- so it MAY smell like a Ponzi scheme.

Bitcoin, an anonymous and unregulated digital currency, has become the poster child for the libertarian ideals of eliminating the Federal Reserve, avoiding inflation and keeping currency separated from governments. As it turns out, however, the world's largest bitcoin holder is the U.S. government.

1) How could Reserve Bank of India be formed when there was no India in 1934.?2) Whose funds were those when the Bank was formed with and what was its objective ?(was it to collect the funds by the British and transfer them to England on a legitimate basis)

some smart kings refused to put their money --and thus have their balls inside the vice of rothschild--which he will tighten , to gain leverage.

the nizam had 12 million US dollars-- a great fortune those days wrapped in newspapers , stored in his attic and basement. never mind he did NOT get interests , at least his moolah was safe.

rothschild gave nizam the title HIS EXALTED HIGHNESS and they would bow and bend before him--but nizam was not a fool to put 180 million USD in gold, 500 million USD in jewels and the 185 carat victoria diamond ( jacob diamond ) in rothschild's bank vaults.

but rothschild stole the great white diamond from a Muslim ruler who stole it from a vijayanagara temple ( vishnu idol ) and sold it to nizam for a mind boggling amount in gold -- using a jew broker named aleksander jacob --an armenian jew.. after that they tried to force nizam to keep this priceless diamond in their bank vaults.

nizam refused and wrapped the diamond in newspaper and used it as a paper weight on his own deck. nizam addcited to opium , with rotting teeth, had 33 children from 46 women ( 4 wives and balance mistresses--all gorgeous women ). he trusted only one son price berar.

nizam paid aussie sidney cotton 30 million dollars ready cash when he heard about operation polo , to buy guns and ammunition. the best part was his won egyptian general el edroos told indian govt everything as a plea bargain to save his own ass, and avoid the gallows.

and 'Supari Killers' always obeys their 'Master' - here - 'Maalkin' to the hilt - to their life - to their death and that's what they have done - that's what they are doing and that's exactly what they will do in times to come - in all times to come.

remember everybody - in all these years - for so-so-many years - they have not tried to destroy only 'modi' so many times - many-many times but they have also tried to destroy - hindu religion - hindu beliefs - 100 crores of hindus - our Country - our Motherland - our Bharat Maa - each of the time - every-every time - all the time.

and so they can not be allowed to get away - they can not be allowed to go unpunished - they will have to pay & they will have to pay severely for all their sins - for all their crimes and not in some other 'Yuga' or some other 'Birth' but in this 'Our Age' & in this 'Our Time'.

and 'Till Such Time' - 'goodluck' to them & 'goodbye' from us.

and regards to all of us and definitely - definitely not to those scumbags - those rats - those dirts.

in the studio they have allowed only a partisan pro-rothschild audience --entirely selected on their twitter leanings. all of themhold placards " TELL THE NEXT PM BLAH BLAH SELL OUT TO ROTHSCHILD BLAH BLAH "

you can see none of them like narandra modi - but they have accepted in their DESH DROHI minds that modi will be the next PM, whether they like it or not.

the anchor is media tycoon RAGHAV BAHL who owns TV18 India. He did his doctoral program at the Graduate School of Business, in rothschilds opium funded Columbia University, New York. He is a member of rothschild controlled World Economic Forum (WEF). Hey, he also won the Sanskriti Award for Journalism--like that rabid Islamic female Rana Ayyub of Tehelka.

now --

WHO ARE THE EXPERT ROTHSCHILD STOOGE PANELISTS WHO ALL WANT INDIAN BANKING AND INSURANCE TO BE HANDED OVER IN A GOLDEN PLATTER TO ZIONIST BANKSTERS --100% ?

AAA- PERCY S MISTRY, chairman and CEO of oxford International UK, who give rotshchild's advisory services to governments and transnational companies. This man is also Director of the Rotshchild controlled JP Morgan Emerging Markets Investment Trust. He was also a Director and Senior Financial Advisor at the rothschild controlled World Bank .

the court reiterated that no person will be denied any service or benefits for want of the bullsh#t card.

the apex court also ruled that UIDAI can't share Aadhaar details with any agency without nod from the card holder.

nandan nilekani - the billionaire with 7700 crores and the waitress has been arguing that that the Aadhaar is merely an identity proof -- and that their intentions were BILKUL bonafide --

-- to change the PHASE -- nay-- face of India, make it the most digitized nation in the world, TEE HEEEE !

UIDAI has contracted for biometric technology from a former US company, L1 Identity Solutions, with close links to US intelligence agencies.

Some time ago I had been to Calicut post office -- and pasted on every pillar of the hall was a poster --WITHOUT AADHAR CARD THERE CAN BE NO TRANSACTIONS.

Linking your Aadhaar number with your AXIS BANK bank Account lets you:---Have a single financial address for government subsidies---Receive direct credit of LPG subsidy from Government into your account---Receive direct credit of other Govt subsidies like welfare funds, pensions, scholarships, MNREGA wages etc. into your account.

Axis Bank started an eKYC (know your customer) facility for account openings by business correspondents in rural areas, with a massive drive to open lakhs of such accounts to drive its financial inclusion programme.

till today nobody from main stream media or social media or the internet DARES to say who is the real owner of axis bank .

manisha lath gupta , the executive vice-president and head, marketing, retail liabilities and electronic banking has left her well paying job and joined AAP .

the much-hyped Aadhaar card is available for a payment of 500 rupees even to illegal migrants from Pakistan and Bangladesh, according to a sting operation by investigative website Cobrapost---. without any proof of identification or address

axis bank has more than 2330 branches in India--all swank plus offices with a US dress code.

the US nonimmigrant visa application fee in cash can be obtained only at Citi or Axis Bank branch in India.

the first branch of AXIS BANK in india was inaugurated at ahmedabad by Manmohan Singh, then finance minister of india.

to find out how rothschild INSTALLED ex-employee manmohan singh on the finance minister's chair --

Hello Captain Vadakayil, What is your opinion of Robert Reich (Labor secretary under clinton, maker of the documentary "Inequality for All" and Steven Colbert (Colbert Report), Jon Stewart (The daily show show with John Stewart)Regards,Vijay Nair

Amaresh Misra (writer, author and historian. He is convener of the Anti Communal Front in Uttar Pradesh state for Indian National Congress. He was a student leader of the radical Left CPI-ML (Liberation) party in Allahabad University) is arrested yday for inciting violence in UP. All post result Vijay rally are banned in UP.

a reader from nepal asked me about the royal massacre-- and i told him that the prince could NOT shoot the opposite part of his own head , with a revolver.

a kenyan reader wanted to know about the kenyan mall attacks-- and i had told him long ago that when ajmal kasab and party attacked mumbai-- the train station attack was a DECOY— a smoke screen -- while the rest of the places were infested with DIAMOND TRADERS --taj, oberoi, chabad house, the beer bar etc.

a couple of years ago i had written in one of my posts that the mumbai blasts RDX came by an indian jew's ship to mumbai by a 20 foot TEU container -- i had even provided the name of this jew and his place of domicile .

people have persecuted the sikhs and alienated an entire LOYAL community -- because of Indira gandhi killing -- sikhs were just pawns – this intrigue was about international banksters.

the tamils of sri lanka suffered genocide because rajiv gandhi killing -- LTTE were just pawns for the rajiv gandhi bomb blast. It was about russian leaning .

A COURT OF LAW WANTS HARD OBJECTIVE EVIDENCE .

THIS TYPE OF THING WAS ALL RIGHT 3 CENTURIES AGO .

MODERN CRIME AND INTRIGUE WILL NEVER EVER THROW HARD EVIDENCE ON TO YOUR LAP -- ASKING A QUESTION LIKE " WHERE IS THE PROOF " IS A BULLSHIT QUESTION.

PERCEPTION BEATS HARD EVIDENCE -- THIS IS WHAT THIS BLOGSITE TRIES TO PROVE TO THE WORLD.

EVERY RELIGION HAS BEEN INFILTRATED AND FUNDED BY ITS OWN NATURAL ENEMIES .We had 2 out of the 4 hindu mutts campaigning against narendra modi at Varanasi-- when was the last time these RICH arab kingdoms supported a brother muslim country when it was attacked by the israel and the white man ?

the faster indans know about world intrigue -- the better.

YES, THE WAY OUR COURTS WANT EVIDENCE-- THE SUN IS GOING ROUND THE EARTH--

AND NOW YOU CAN GO BEHIND BARS FOR THE NEXT 20 YEARS , FOR SAYING THAT THE EARTH GOES AROUND THE SUN.

DO POLICE, JUDGES AND LAWYERS THINK THAT THEY KNOW IT ALL ?

DOES NASA KNOW IT ALL ?

why do you think than when you punch DNA NASA in google search-- the post of a black skinned blogger by the name of capt ajit vadakayil comes ahead of even NASA -- page 1-- items 1 and 2 --among nearly 50 million posts ?

YOU CALL THE STATEMENT OF LYING ( BRIBED ) WITNESSES IN COURT AS OBJECTIVE EVIDENCE? WHAT NONSENSE IS THIS ? THE STATEMENT OF EYE WITNESSES CAN BE ACCEPTED ONLY IF THEY ARE HOOKED ON TO A LIE DETECTOR MACHINE BEFORE THEY DEPOSE

THAT REMINDS ME --

I MUST POST ON THIS THIS JUDICIAL OVER REACH OF SUPREME COURT ORDERING INTERLINKING OF INDIAN RIVERS .

Thanks for enlightening an economics student like me. Can you shed some light on Kautilya's Arthshastra as a treatise on wealth? Also, is the old gold/silver coin system better than these banking cartels? But, I think then we wouldnt be able to benefit from loans...

If Mayawati makes lot of statues of herself for 500 crores , which adds absolutely nothing to the well-being of individuals, the GDP framework will regard this as economic growth .

Rothschild economists consider that 100 million dollars spent in constructing jails for criminals and security systems to spy on Islamic terrorists an indicator of the country’s progress .

Is this the same as constructing factories to employ people or good wide roads without potholes to save fuel spent on traffic jams, low gear driving and vehicle braking ?

GDP measures only output, and makes no claims on the quality of that output, let alone on subjective concepts such as social progress or human happiness .

GDP is a poor measure of social progress because it does not take into account harm to the environment with dead rivers and lakes and saline intrusions into depleted aquifers .

It can obscure growing inequality and encourage the depletion of resources .

It can’t differentiate between spending on good things (education) and terrible things (cigarettes). GDP measures everything “except that which makes life worthwhile.”

Increasing GDP shouldn’t be governments’ only objective. Nor should GDP be considered a definitive measurement of human welfare. It is a mindless tunneled visioned calculation of cash flow .

GDP, has to be replaced by a new concept called GPI or Genuine Progress Indicator. The GPI adjusts for income distribution, add for the value of household and volunteer work, and subtract for crime and pollution .

The GDP is wrong in that it's not measuring progress, just the making of bulllsh#t stuff. GDP is not reliable when it comes to calculating the quality of life .

GDP, as gold standard of economic data to gauge a nation's relative prosperity is for dimwits and R stooges ?

The GDP, generally expressed as a per-capita figure and often adjusted to reflect purchasing power, represents the market value of good and services produced within a nation's boundaries. Sounds reasonable. Until we consider what it doesn't measure: the general progress in health and education, the condition of public infrastructure, fuel efficiency, community and leisure .

Because it's averaged, the GDP mystifies and masks the gap between rich and poor. There is a HUGE disconnect between the GDP and what ordinary Indians are experiencing. Rising health and medical costs may be tough on families, but it boosts the GDP. So bad GM foods, bad veg oils, toxic A1 milk, , formalin doused fish ,everything boosts GDP .

It takes an IDIOT not to see the paradoxical relationship between the growth rate (GDP) and decline in employment .

The GDP suited a different era when Rothschild ran the world—now we must have a new indctaor for the FREE WORLD , a metric for our modern India. GDP does not account for any work done outside of the monetary system, like the terrific cottage industries of India .

GDP does NOT include black money which occupies a larger space in India. The GDP does not recognize the dimension of interrelation, not to say the very dependence of the economic system on its surrounding .

Punch into Google search -

MODERN ECONOMICS A VULGAR PSEUDO SCIENCE .

Narendra Modi must co=operate with BRICS central bank , for a news system. We must kick out the R brainwashed professors in our business schools.

Today the free thinking students are better than their sold out ( to big brother ) professors .

In his first Independence Day speech, in 2014, Prime Minister Narendra Modi announced scrapping of the Indian Planning Commission.

The waitress had reduced the Planning Commission of 600 members as a refuge for cronies and handkissers –some of them on the salary roll of R.

Both the Chairman ( Manmohan Singh ) and the deputy chairman Montek Singh Ahluwalia were R favourites. Everybody knows from whom this pied piper following duo took their orders from.

There will be a think tank. We do NOT want any more Satyanarayan Gangaram Pitroda OOPS—sam – angrez hai naa ? --types

The fate of the Planning Commission was sealed the day they shoed their worth. They spent 35 lakhs to renovate two blocks of toilets—at the same time declaring a SHOCKING , threshold of poverty of a monthly consumption of 860 rupees in urban and 673 rupees in rural areas. They were of the firm opinion that citizens who consumed goods worth Rs 27 or more a day were not poor.

The Planning Commission is an institution in the Government of India, which formulates India's Five-Year Plans

These are the guys who made 5 year plans to catch Veerappan—thousands of crores which went into India’s GDP count.

There is NO Planning Commission provided in our Constitution or statute. Yet during the rule of the waitress , it emerged as a parallel cabinet— unable to meet the dynamic and IMMINENT needs of India.

Sir your views are justified regarding the use of GDP as a measure of economic development.The shortcomings of GDP are accepted by World Bank and IMF and yet it is used as a primary index of evaluation.This itself is a paradox.What are your views on the Gross National Happiness index being used in Bhutan?I think it covers almost all aspects of human development(including spiritual),yet it is being used by only one small nation.It might have some little drawbacks but it can be reorganised and reshaped according to the conditions of a particular nation.Regarding pure monetary growth(as propagated by World Bank),I think NNP is a much better evaluation than GDP.

Actually a physicist(Didier Sornette) had predicted the 2008 financial crisis using a physical model.So I guess in future economics will return to its mother,i.e physics from where it borrowed the mathematical equations.Econophysics and NeuroEconomics might completely redefine the subject in the future.

September 6, 2014 at 8:24 PMMahmoud Ahmedenjad really kicked some Butt. I my view he took the zionist single handedly and refused to bow down. My respect went up for him after i watched this video. I really wish he was in power in Iran with narendra modi team. that would have been a dream team. Below is the link of his interview which pissed this westerner presstitute. What are your views about him sir?

there are 18 countries where if you say only 5.5 millions jews were killed-- they will put you in jail and the IRS will take away all your money.

SIX MILLION JEWS -- IS A BULLSH#T JEWISH TORAH PROPHECY !

The Zionists have been frothing from their collective mouths hysterically crying that six million Jews were dead, dying or in grave danger in Europe and Russia since the late 1800′s.

They forget past / present and future tense when they repeat this fantastic LIE.-- sourced from a Jewish-Talmudic religious myth that says “ye shall return minus six million” or “you shall return to the land of Israel with six million less”,

SIX MILLION JEWS DEAD is a pathetic attempt to transform the Holocaust story into state religion. The state of Israel if founded on the basis of this LIE.-- the prophecies have now been “fulfilled” and Israel can become a “legitimate state" -- see our prophecies are so true.

iN 1911 Max Nordau, co-founder of the World Zionist Organization together with Theodore Herzl, warns of the “annihilation of six million people” at the Zionist congress in Basle, Switzerland. This was 22 years before Hitler came to power and 3 years before WW1 started.

In 1921 when Russian patriots found out about the Trotsky/ Lenin conspiracy using R funds in kiiling the czar and the Jewish Bolshevik revolution --in a vain attempt to disguise their hatchet involvement in murderous Bolshevism, the LYING Jews reeled out the “six million” myth once again

I WILL SHOW YOU PROOF BY A YOUTUBE VIDEO BELOW-- WITH NEWSPAPER CLIPPINGS , WHICH DO NOT LIE.

ALL THIS WAS OK IMMEDIATELY AFTER THE WAR , WHEN R CONTROLLED THE WHOLE WORLDs MEDIA.

BUT IN THE INTERNET AGE THIS IS RIDICULOUS.

IT IS COMPULSORY FOR ALL MY READERS TO WATCH THE YOUUBE VIDEO BELOW --

https://www.youtube.com/watch?v=Dda-0Q_XUhk

again i say-- it is compuslory for my readers to watch the video above.

after that they must punch into google search-

WHEN THE LIE IS MIGHTIER THAN THE SWORD VADAKAYIL

see the only way the jews can redeem themselves and reduce the hatred is to remove falsehoods .

in india the hindus gave refuge to jews for more than 3000 years ( in kerala )-- but as soon as they had the power they reduced india from the richest nation on this planet to the poorest . the british east india company was owned by a german jew R.

you have no idea who these muderderous and UNGRATEFUL jews screwed a past benefactor who saved them again and again.

and now we have narendra modi sucking up to them-- all because of personal branding received from APCO..

They tried all such FAKE polls with Narendra Modi ( negative ) and Anna Hazare ( positive ) – fell flat on their faces— yet they try again and again in a shameless thick skinned manne r.

90% if my patriotic comments shoring up bharatmata are deleted by times of India— you expect this newspaper to have any integrity ?

Benami TV used to have a slanted studio audience based on twitter leanings – and the raise of hands in the studio was a hoax—like 100% raising hands in favour of homosexuality or FDI in multibrand, finance etc .

When they found that this does NOT work, these immoral TV stations used to have impromptu street interviews .

There was the hilarious street interview where a gujarati man was going on and on of how EVIL Modi is—just before the elections .

Then another man broke in into the camera vision and shouted—this is the only man in this entire neighbourhood who is anti-Modi —I challenge to you ask any of the 1000 people you see around – why are you trying to fool india ?

TEEEE HEEEEEEE !

DO NOT TRUST THESE RIGGED POLLS !

TELLING THE TRUTH IS NOT HATESPEECH !!!

Foreign supari fed presstitutes making sunset our if sunrise—will NOT work .

Main stream media is NO longer the 4th pillar of democracy , as their funders lie abroad—social media is now the 4th estate !!!!

THESE ARE THE SAME MEDIA POLLSTERS WHO SAID 80% OF INDIANS WANT HOMOSEXUALITY AND GAY MARRIAGES .

Battle of Plassey in 1757, for East India Company to take over India. The battle itself is a white lie. The battle never took place. Siraj Ud Daula was killed before even a single shot was fired by his brother-in-law and army Commander Mir Jaffar, who was bribed by Rothschild employee Robert Clive.

Mir Jaffar was made a stooge Nawab and in return he gave a lot of Siraj Ud Daula's gold and diamonds for Robert Clive to take home personally in secrecy. Clive wanted to squeeze him more and when unable to milk him further, shoved off Mir Jaffar and put his rival Mir Qasim as the Satrap.

Robert Clive returned to Britain in 1767, he purchased a HUGE and expensive estate dubbed "Claremont." Immediately critics who knew what transpired at Plassey pounced on him and asked how he got so much of personal wealth.

This man used his Rothschild connections to quash the proceedings and the British Parliament let it go. Lord FUCKLAND Robert Clive defended his thief's honour by stating "I stand astonished at my own moderation" given opportunities for greater gain.

THIS IS LIKE A RAPIST SAYING--I COULD HAVE RAPED ALL THE 20 FEMALES-- BUT I AM ASTONISHED AT MY OWN INTEGRITY, THAT I STOPPED AFTER RAPING 19 FEMALES --DID I NOT SPARE THE HONOUR OF ONE WOMAN ?.

Major-General Robert Clive, 1st Baron and LORD FUCKLAND Clive, KB MP FRS killed himself , cutting his own throat , with a penknife on November 22, 1774 at the age of 49--having sired 9 children . Robert Clive established the first BEEF slaughterhouse of India in Calcutta in 1760. These are the white invaders who say that Lord Shiva ate BEEF.

That is a bull story -- the truth his he was a right hander and cut not have cut his own throat that way. His blood showed an overdose of Opium.

Rothschild had wrangled for a illiterate non-graduate Robert Clive received an honorary degree as DCL from Oxford University in 1760. In 1764 he was named a Knight of the Bath. Later in 1768, Rpbert Clive was made a Fellow of the Royal Society (FRS). Only R could wrangle all this .

The debate above was a BACK SWING-- to legitimise EMPEROR ASHOKA and to kick forwards Adi Shankaracharya in time by 2700 years .

I want to share a post with you, which belongs to NY times and totally humiliates Sanatan Dharma and says that we are one of fools who think that western inventions belongs to India and more rubbish.The sad part is writer himself is an Indian, why some people downgrade to this extent and that to a Mainline newspaper how can they print a typical racism attack.

three years ago, i went to console one of my seniors who went into depression -- as his darling daugher eloped with a Tamilian boy .

I remember when his daughter tanker double banked with my ship, the huge mother tanker , he came on board with his wife and this darling daughter just over a year old—and I had carried the baby in my arms –

i had two nights of beer with him -- reliving old days – how time flies –

he had taken over from me on one ship , as a chief officer -- he begged me to draw his fiancé from memory –

I drew her face almost producing her face LIVE on paper – at school I was an award winning painter and sculptor--

--and then to finger him I started kissing my creating my own art creation— he jumped up and started raining blows on me—

And then we both had a HUGE laugh at the stupidity — with me saying this art is mine – and him saying that is my would be wife -

-- and his wife told my wife while cooking in the kitchen , while we were having beer , that she has never seen her husband so alive , the joy de vivre, the bacchanalia –

-- she had attended my marriage coming all the way to kannur.

I had asked her—did you see that art on chart paper which I kissed—and she blushed—

the NATO leaders have kicked awake the russian bear at G20 summit brisbane . the mighty grizzly is now hopping mad .

Putin will now screw the daylights out of the West.

Russia has taken advantage of lower gold prices to pack the vaults of its central bank with bullion as it prepares for the possibility of a long, drawn-out economic war with the West.

Putin knows for sure that Europe will not be able to survive without energy supply from Russia.

The main principle of world petrodollar model is allowing Western countries led by the United States to live at the expense of the labor and resources of other countries and peoples based on the role of the US currency, dominant in the global monetary system (GMS) .

The role of the US dollar in the GMS is that it is the ultimate means of payment. This means that the national currency of the United States in the structure of the GMS is the ultimate asset accumulator, to exchange which to any other asset does not make sense.

What the BRICS countries, are doing now is actually changing the role and status of the US dollar in the global monetary system.

From the ultimate means of payment and asset accumulation, the national currency of the USA, is turned into only an intermediate means of payment. Intended only to exchange this interim payment for another and the ulimate financial asset - gold.

Thus, the US dollar actually loses its role as the ultimate means of payment and asset accumulation, yielding both of those roles to another recognized, denationalized and depoliticized monetary asset - gold.

In 1971, US President Richard Nixon closed the 'gold window', ending the free exchange of dollars for gold, guaranteed by the US in 1944 at Bretton Woods.

In 2014, Russian President Vladimir Putin has reopened the 'gold window', without asking Washington's permission.

In KGB parlance it means CHECK MATE, GAME OVER !

Traditionally, the West has used two methods to eliminate the threat to the hegemony of petrodollar model in the world and the consequent excessive privileges for the West.

the hindu must stop being SELF LOATHING. after that everything will fall into place.

3 decades as ship captan- i made sure all were in AWE of India ( not capt ajit vadakayil ).

i used to attend GORA job interviews just for the heck of it -- just for kicks

i dared them to fail me, because the interview would be a panel - not a single man .

I had ZERO inclination of joining them. for i was the blue eyed boy of my company SCI, i worked in .

Just one WEE example?

in 1983 i appeared for a MOBIL interview for ship captain .

why did i choose mobil -- because they had sacked ALL the Indian captains they had chosen till then , for incompetence .

and i knew they would call me first -- for i had maximum of VLCC experience with COW / IG etc which nobody else had . VLCC is a ship which carries around 300,000 tonnes of crude.

NOW I WILL REVEAL AN INCIDENT WHICH WOULD HAVE GONE INTO MY BOOK "GAMES CAPTAIN PLAYED ".

2 days before the interview with a certain englishman capt sindon ( a hard nut ) at mumbai yacht club, i was sleeping in seaman's club when my batchmate woke me up and told me " ajit , capt aga senior wants to talk to you. he is waiting for you ".

capt aga senior ( a parsee ) was considered by all the grand old man of indian shipping.

so i walked down to his chambers just 50 metres away .

Aga told me " son, all the Indian captains whom i have chosen have let me down -- all of them have been sacked , or will be sacked soon for incompetence, could you reverse this trend , or i stand to lose this agency . they will soon stop recruiting Indians "

i re-assured him " Sir, Capt Sindon will see me in his worst nightmares !"

i wore a suit for the interview .

i was the first to be called in, as i predicted .

there were 5 men in the panel ,which included capt aga with the GORA Capt Sindon , calling the shots.

no good mornings from me -- so the red colour sprung on sindon's ears .

a brown indian must grovel, right ?

he was rude -

he asked me some trick questions whose answers i gave even before he could finish the questions - now his nose too became red .

some of his questions - i answered with counter questions ( it requires brains to do that ) and now his whole face was red ..

then he reminded me brusquely -- that he is supposed to ask the questions in that room.

he stuck to pure tanker work -- in this area i was the principal of the school where Englishman capt sindon would not even get admission in LKG.

he asked me about a vent riser fire –

i told him a revolutionary concept of cutting off the flame with a flame quencher wire mesh ( available in a store ) -- i used to play in the school lab on the bunsen burner .

he said -- you cant do it.

i said-- i can, your opinion is your opinion .

infuriated , capt sindon looked on either side and saw the interview panelists ( all wise experienced Indians all over 65 age ) were smirking with capt aga's gargantuan belly jumping like jelly.

he now turned technical.

he literally threw the tank profile of a product tanker -- this was supposed to be the failing question -- see i am gonna screw you-- you brown bastard .

i saw from the corner of my eye that it was the tank profile of a russian product tanker on whose sister ship i had made 37 voyages as a chief officer -- carrying 4 grades of petrol, kerosene, naphtha ,and high speed diesel for IOC.

if there was an expert on the planet on that sheet of paper it was ME alone .

i filled the sheet from forward part of the ship towards the aft - using only my PEREPHERAL VISION -- all the time eye balling the red faced gora gaand. .i must admit - it is IMPOSIBLE to do that-- unless this tank profile was in your subconscious-- and i had not even looked at the sheet.

i filled up the cargo grades and threw the sheet back at him , exactly the way he threw it at me . -- not an iota more - not an iota less.

gora gaand was stunned -- he nearly fell of the chair .

he asked me what my considerations were - - and i told him - about contamination, the port rotation , max pumping rate -BLAH BLAH .

ALL THOSE WHO ARE CURIOUS AS TO WHAT THIS TAKES , WHEN MORE THAN 4 GRADES ARE INVOLVED ON A CHEMICAL TANKER –CHECK OUT THE POST BELOW -